Wed, 19 Dec 2012 09:21:11 GMT
U.S. stocks rally on U.S. budget talks
Wall street edged higher on upbeat Tuesday as investors confidence on fiscal cliff agreement rose after U.S. lawmakers came closer to reaching a deal in order to avoid tax increasing and spending cuts. The S&P 500 recorded its first two-straight-day gain bigger than one percent since July, when it advanced 1.15% to 1,446.79, while the Nasdaq Composite went up 1.46%