Epic US Markets Update

US markets, stocks finished in positive territory, with the Dow logging a five-day win streak, but off their session highs after senate majority leader Harry Reid threw cold water on the ongoing “fiscal cliff” negotiations saying that it will be hard to reach a budget deal by Christmas, adding that democrats aren’t going to make an offer on spending cuts for republican. The CBOE volatility index ended below 16.
Dow Jones Industrial Average was up 0.6% or 78.56 points at 13248.44. Nasdaq Composite gained 1.18% or 35.34 points at 3022.3. Standard & Poor’s 500 rose 0.65% or 9.29 points at 1427.84.
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