Fiscal cliff deal talks lift US stocks
Market watch top headlines
WASHINGTON, Dec 31 AFP
January 01 2013, 08:19AM
US markets have closed out the year with a sharp jump on news that Congress was close to a deal to avert the fiscal cliff - but also on a 4.3 per cent gain by market giant Apple.
At the close on Monday the Dow Jones Industrial Average was up 167.95 points (1.30 per cent) at 13,106.06.
The broad-market S&P 500 gained 23.89 (1.70 per cent) at 1,426.32, while the tech-rich Nasdaq Composite surged 59.20 points (2.00 per cent) to 3,019.51.