News Summary: US stocks rise on fiscal optimism

News Summary: US stocks rise as traders see progress toward avoiding fiscal calamity

RELATED QUOTES

SymbolPriceChange
TSN25.26

BOUNCING BACK: U.S. stocks shook off their post-election slump Monday, recording their biggest gain in more than two months. It was the market's first big, broad rise since election day, Nov. 6. Since then, the Dow Jones industrial average had fallen 5 percent.

TYSON KNOCKOUT: A pair of strong corporate earnings reports from Lowe's and Tyson Foods supported the rally.

CLIFF NOTES: Traders appear more confident that leaders will strike a deal to avoid the "fiscal cliff," a package of government spending cuts and tax increases that will take effect next year unless Congress and the White House can strike a deal.

  •  
    Recent Quotes
    Symbol Price Change % ChgChart 
    Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
    You need to enable your browser cookies to view your most recent quotes.
  • Recent Quotes News

    •  
      Sign-in to view quotes in your portfolios.

    Trading Center

    Yahoo! Finance on Facebook

    POLL

    Apple CEO Tim Cook will face Congress today over corporate taxes. Should companies pay more?

    Loading...
    Poll Choice Options