NEW YORK U.S. stocks rose in light volume on Monday, with the Nasdaq composite index briefly up 1 percent, after the first signs of movement in the "fiscal cliff" negotiations bolstered sentiment.
The Dow Jones industrial average rose 75.98 points, or 0.58 percent, to 13,210.99. The S&P 500 Index gained 11.96 points, or 0.85 percent, to 1,425.54. The Nasdaq Composite Index added 26.71 points, or 0.90 percent, to 2,998.05.
(Editing by Kenneth Barry)
Trending On Reuters
One Rank One Pension
India approved a long-awaited programme to equalise pension payments for retired military personnel despite it being a "huge fiscal burden," defence minister Manohar Parrikar said on Saturday. Full Article