Wall Street ends up on "fiscal cliff" hopes
November 17, 2012 8:28 AM EST
Hope that politicians would find common ground to steer clear of the "fiscal cliff" boosted stocks on Friday, though the gains were not enough to offset the week's losses.
The Dow Jones industrial average <.DJI> gained 45.85 points, or 0.37 percent, to 12,588.23. The S&P 500 <.SPX> rose 6.53 points, or 0.48 percent, to 1,359.86. The Nasdaq Composite <.IXIC> added 16.19 points, or 0.57 percent, to 2,853.13.
For the week, the Dow fell 1.8 percent, the S&P dropped 1.5 percent and the Nasdaq lost 1.8 percent.
(Reporting by Rodrigo Campos; Editing by Kenneth Barry)
Most Popular Slideshows
Join the Conversation
- Russia's New Tactical Nuclear Weapons Program Growing Confident Against the US: Talks of World War III
- Apple and Google Engage in Thermonuclear War, New Google Translate Chat App in the Works
- Kobani ISIS Fighter Sends Out Desperate Message For Prayers And Support: Euphoria Turns Into Desperation As Kurds Advance
- Chris Algieri’s Battered Face Trends On Social Media
- Home Depot Early Black Friday 2014 Sale Up To Nov. 29, 2014 Includes Special Buys On Appliances Such As Samsung Refrigerators, Whirlpool Electric Ranges And Hoover Vacuum Cleaners
- Andrew Robb Asks Obama Not to ‘Lecture’ Australia on Climate Change
- Highest Paid NBA Players 2014: NBA Stars Who Earn More Than LeBron James