NAVIGATION MAIN MENU

COMPENDIUM LIBRARY/TWITTER MONITOR
VIDEO GALLERY
Economic News
Newsbrief Archives
Democrat Leadership Twitter and Realtime Feeds
Cabinet twitter and realtime feeds
North America weblog
International weblog
Democrats twitter directory
Latest Government Jobs and Public Tenders
Jobs Matrix
Global Travel Information
Pop Entertainment Forum
Start Portal


Please make a donation to support upkeep of the daily news journal, back archives, twitter feeds and the compendium library.










Stocks end sharply higher on hopes for budget deal

Daily newsbrief journal for November 2012, also see http://www.usdemocrats.com/brief for a global compendium library and follow twitter @usdemocrats


Stocks end sharply higher on hopes for budget deal

Postby admin » Thu Nov 29, 2012 12:13 pm

Stocks end sharply higher on hopes for budget deal
from MarketWatch.com - MarketPulse
NEW YORK (MarketWatch)-- U.S. stocks rose sharply Wednesday, lifting the S&P 500 back into the green for the week, after comments by President Barack Obama and House Speaker John Boehner bolstered thinking a budget deal would be reached. "The president set a timetable, that he'd like to get this done by Christmas, as opposed to drawing it out to Dec. 31, and I do think the markets are encouraged that there is an aggressive, let's get it done, attitude," said Jim Russell, chief equity strategist and regional investment director, wealth management, at U.S. Bank. Erasing a 112-point drop, the Dow Jones Industrial Average added 106.98 points, or 0.8%, to 12,985.11. The S&P 500 index rose 10.99 points, or 0.8%, to 1,409.93. The Nasdaq Composite climbed 23.99 points, or 0.8%, to 2,991.78.
admin
Site Admin
 
Posts: 82092
Joined: Fri Nov 27, 2009 7:00 am

Return to November 2012

Who is online

Users browsing this forum: No registered users and 9 guests

cron