Will a 'Fiscal Cliff' Deal Be Good for Stocks?
Published: Tuesday, 18 Dec 2012 | 11:41 AM ET
Stocks extended their gains Tuesday, lifted by energy and financials, as Wall Street remained hopeful that a deal would be made in Washington to avoid the "fiscal cliff."
The Dow Jones Industrial Average advanced, led by Bank of America and Alcoa, after posting a triple-digit rally in the previous session.
The S&P 500 and the Nasdaq also rallied. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded below 16.
That said, we want to hear from you — will a "fiscal cliff" deal be good for stocks? Vote now in our "Futures Now" poll!
Vote now in our "Futures Now" poll!