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Stocks Soar on Fiscal Cliff Deal; Dow Climbs More Than 300 Points

Benzinga.com

Wednesday, 2 January 2013

Stocks Soar on Fiscal Cliff Deal; Dow Climbs More Than 300 Points

Stocks Soar on Fiscal Cliff Deal; Dow Climbs More Than 300 Points

The U.S. stock market surged on Wednesday as lawmakers reached a last minute agreement to avert the fiscal cliff.

Investors who had been concerned about the immediate effects to the economy if a deal had not been reached poured money into stocks and other risky assets.

» Full news story

U.S. Stocks Retreat From 5-Year High
Source: IBTimes.com Wall Street stock prices retreated from five-year highs on Monday (January 07), while the euro rose against the dollar on bets the European Central Bank might refrain from signaling more interest rate cuts on Thursday. The weakness in the equities market, partly due to caution ahead of companies...

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