Wall St edges up at open on "cliff" optimism
NEW YORK (Reuters) - 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)
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India approved on Saturday the purchase of 814 mounted gun systems for the army at a cost of 157.5 billion rupees ($2.55 billion), a defence ministry spokesman said. Full Article