Global stocks rally after fiscal cliff deal

Rappler.com

This is AI generated summarization, which may have errors. For context, always refer to the full article.

Relief turns into vibrant optimism after a deal is struck to avert the US fiscal cliff.  On Wednesday, US stock markets rallied: the Dow Jones Industrial Average jumped 308.41 points to 13412.55, its best-ever start to a year.  Its 2.35% gain in percentage terms was the best opening since 2009.  S&P 500 and Nasdaq Composite Index also gained.  Global markets rose sharply after the US House of Representatives voted 257-167 to approve the Senate bill that pulled the US back from the fiscal cliff.

Read more on the Wall Street Journal
 
 

Add a comment

Sort by

There are no comments yet. Add your comment to start the conversation.

Summarize this article with AI

How does this make you feel?

Loading
Download the Rappler App!