NEW YORK U.S. stocks rose at the open on Tuesday, extending a rally that lifted the S&P 500 to its highest in nearly two months, as optimism grew that a deal would be made to avert the "fiscal cliff."
The Dow Jones industrial average gained 12.11 points, or 0.09 percent, to 13,247.50. The Standard & Poor's 500 Index gained 2.13 points, or 0.15 percent, to 1,432.49. The Nasdaq Composite Index gained 9.93 points, or 0.33 percent, to 3,020.53.
(Reporting by Chuck Mikolajczak; Editing by Nick Zieminski)
Trending On Reuters
State Bank of India, the nation's top lender by assets, posted better-than-expected quarterly bad debt levels on Friday and said it now expected an improvement, a long-awaited sign of easing pressure that helped its shares jump over five percent. Read | Full Coverage
Gold demand slows as China eyes equities; lack of weddings in India weighs Full Article