Go Symbol Lookup
Loading...

US STOCKS SNAPSHOT-Wall Street jumps at open on fiscal deal

 Text Size  
Published: Wednesday, 2 Jan 2013 | 9:34 AM ET

NEW YORK, Jan 2 (Reuters) - U.S. stocks soared on the first day of trading in 2013 after U.S. lawmakers agreed a deal to avoid massive tax hikes and spending cuts that had threatened to hurt economic growth.

The Dow Jones industrial average surged 149.41 points, or 1.14 percent, at 13,253.55. The Standard & Poor's 500 Index was up 19.17 points, or 1.34 percent, at 1,445.36. The Nasdaq Composite Index was up 74.47 points, or 2.47 percent, at 3,093.98.

Wednesday marked the best day for the Nasdaq since June 30.

 Print
NEW YORK, Jan 2- U.S. stocks soared on the first day of trading in 2013 after U.S. lawmakers agreed a deal to avoid massive tax hikes and spending cuts that had threatened to hurt economic growth. The Nasdaq Composite Index was up 74.47 points, or 2.47 percent, at 3,093.98. Wednesday marked the best day for the Nasdaq since June 30.

   
Comments

 

More Comments

 
 

Add Comments

 

Your Comments (Up to 1100 characters):

Remaining characters

Your comments have not been posted yet.

Please review your submission to make sure you are comfortable with your entry.

Your Comments: