U.S. stocks closed mixed, with the Nasdaq and S & P 500 continuing to set new closing highs
U.S. stocks ended the day mixed, with the Dow down 0.17%, the Nasdaq up 0.40%, the S & P 500 up 0.05%, and the Nasdaq and S & P 500 continued to set new closing highs. Gold stocks generally rose, Cordellan Mining rose more than 8%, Hekla Mining rose more than 6%, Pan American Silver rose nearly 6%, Anglogold rose more than 4%, and Harmony Gold and Goldfields rose nearly 3%. JPMorgan expects gold prices to rise to $3,000 an ounce next year. Intel fell more than 6%, and the company's CEO, Pat Gelsinger, retired on December 1, allegedly being ousted by the board due to poor performance.