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)
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The U.S. Department of Justice (DoJ) has subpoenaed India's largest drugmaker Sun Pharmaceutical Industries Ltd seeking information about the pricing and marketing of the generic drugs it sells in the United States, the company said on Saturday. Full Article