Nasdaq up 1 pct on "cliff" talks hope
NEW YORK (Reuters) - 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)
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India could run out of a critical medicine in its free HIV/AIDS drugs programme in three weeks due to bureaucratic bungling, a senior government official said, leaving more than 150,000 sufferers without life-saving drugs for about a month. Full Article