US stocks rise despite fiscal cliff fears
Market watch top headlines
Australian reports
- Aust markets: Aust shares open higher
- Aust dollar report: $A lower as commodity prices fall
- Aust credit close: Aust bonds slightly weaker
World reports
- World commodities: Commodities markets summary
- World markets: International markets roundup
NEW YORK, Nov 28 AFP
November 29 2012, 08:17AM
US stocks scored solid gains on Wednesday despite concerns that politicians will fail to avert looming tax hikes and spending cuts expected to jolt the economy into recession.
The Dow Jones Industrial Average was up 106.36 points (0.83 per cent) at 12,984.49 in closing trade, snapping two days of losses.
The S&P 500-stock index gained 10.91 (0.78 per cent) at 1409.85, while the Nasdaq Composite added 23.99 (0.81 per cent) at 2991.77.
Copyright ©
Fairfax Digital
