Off the Charts
The market screamed higher on the last trading day of 2012 as a fiscal cliff deal seems likely. The market closed the day on highs with the Nasdaq leading the charge. The Nasdaq closed up 2%, the S&P up 1.70% and the Dow up 1.29%.
Overall, 2012 could be considered a very successful and constructive year for the market. The S&P closed the year up over 12%, the Nasdaq up 16% and the Dow up more than 7%. The healthy gains in the indices have come in the face of significant economic uncertainty: the U.S. recovery remains plodding, the European debt crisis rumbles on and China struggles to maintain its steep growth trajectory....894 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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