US STOCKS SNAPSHOT-Wall St climbs on "cliff" deal hopes
NEW YORK Dec 31 (Reuters) - U.S. stocks closed out the last trading day of the year on a high note on Monday after comments from President Barack Obama and Senate Republican leader Mitch McConnell pointed to a near resolution of the "fiscal cliff" negotiations.
The Dow Jones industrial average gained 166.03 points, or 1.28 percent, to end unofficially at 13,104.14. The Standard & Poor's 500 Index rose 23.76 points, or 1.69 percent, to 1,426.19. The Nasdaq Composite Index climbed 59.20 points, or 2.00 percent, to 3,019.51.
For 2012, the Dow rose 7.3 percent, while the S&P 500 climbed 13.4 percent and the Nasdaq jumped 15.9 percent.
- Tweet this
- Share this
- Digg this
- Barclays profits fall as investment bank income sags
- Libyan militants overrun Benghazi special forces base as chaos deepens
- At least 43 Palestinians killed as Israel maintains pressure on Gaza |
- EU and U.S. announce new sanctions on Russia over Ukraine |
- Exclusive - China's Xi reached deal with former leaders to investigate ex-security chief: sources |