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You are here: Home»Markets»Equity»Americas»US stocks rocket after fiscal cliff deal; Nasdaq up 3.1pc

us-stock-WASHINGTON: US stocks took off flying on the first trading day of the new year Wednesday after Congress reached a last-minute deal to avert the fiscal cliff which could have sent the economy back to recession.

 

The S&P 500 soared 2.5 percent as traders shrugged off the specter that a new deficit fight between Democrats and Republicans was just weeks away to go on a buying spree.

 

At the close the Dow Jones Industrial Index gained 286.87 points (2.19 percent) at 13,391.01.

 

The broad-based S&P 500 added 36.23 (2.54 percent) at 1,462.42, while the Nasdaq outperformed with a 92.75 point gain, or 3.07 percent, to 3,112.26.

 

Copyright AFP (Agence France-Presse), 2013


 



 
Index Closing Chg%
Arrow DJIA 16,102.38 1.66
Arrow Nasdaq 4,683.92 1.05
Arrow S&P 1,921.22 1.53
Arrow FTSE 6,042.92 2.44
Arrow DAX 10,038.04 2.71
Arrow CAC-40 4,523.08 2.81
Arrow Nikkei 17,792.16 2.15
Arrow H.Seng 20,840.61 0.45
Arrow Sensex 25,201.90 2.18





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Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln