Optimism Pushes Stocks Higher

A cardboard cutout Santa Claus stands next to share traders in front of the German share price index DAX board at the German stock exchange in Frankfurt

All major indexes closed up today on hope of a fiscal cliff resolution and signs of economic growth, pushing gold prices lower.

  • DJIA closed at 13,358.90, up 0.93%
  • S&P500 closed at 1,443.68, up 0.93%
  • NASDAQ closed at 3,056.05, up 1.51%
  • GOLD: 1,673.10, down -1.48%
  • OIL (WTI): 87.93, up 0.84%
  • U.S. 10-YEAR: 1.825%, up +0.052


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Obama supports reinstating assault weapon ban, aide says via WaPo

Builder confidence in housing is at highest point since 2006 via LA Times

Cerberus Seeks to Sell Gun Maker via WSJ

Greek bond bet pays off for hedge fund via FT


[Photo: NYT]