Stocks Rally on Cliff Hopes | Carmen Roberts Reports

Stocks rallied on word a deal on the fiscal cliff was in sight with only hours to go before the midnight deadline. But the final day of trading for 2012 wrapped up without any resolution from Congress.

Market Frenzy Analysis
Stocks snapped a five-day losing streak to end with gains across the board. For the year, the benchmark indexes were all higher, with the Nasdaq climbing 16 percent.
Continue reading “Stocks Rally on Cliff Hopes | Carmen Roberts Reports”