US STOCKS SNAPSHOT-Wall St trims gains, Obama says deal not done

NEW YORK Mon Dec 31, 2012 6:58pm GMT

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NEW YORK Dec 31 (Reuters) - U.S. stocks trimmed gains on Monday as President Barack Obama said an agreement to prevent tax increases from beginning on New Year's day is in sight, but the deal is not done.

The Dow Jones industrial average was up 25.80 points, or 0.20 percent, at 12,963.91. The Standard & Poor's 500 Index was up 7.79 points, or 0.56 percent, at 1,410.22. The Nasdaq Composite Index was up 28.31 points, or 0.96 percent, at 2,988.62.

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Comments (1)
Trader_101x wrote:
This is a surprise? Our old pal Barack would have problems spotting a convict in a prison, let alone getting down to the legislature of government. Usually I am loath to use slang to describe something or someone, but I shall make an exception for the “People’s President”; Barack Obama:- “Epic Fail”.

Dec 31, 2012 7:26pm GMT  --  Report as abuse
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