Stocks leap higher on ‘fiscal cliff’ hopes

December 31, 2012

Stocks staged a rally Monday afternoon on signs a deal in the “fiscal cliff” was near, with the Dow Jones industrial average closing up 166 points, or 1.3%.

Jumping higher were the Nasdaq composite, up 60 points or 2% and the S&P 500, gaining 24 points or 1.7%.

via Stocks leap higher on ‘fiscal cliff’ hopes.

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