Epic US Markets Update

The S&P 500 ended at its highest level in almost two months on Monday on rising hopes that negotiations over the “fiscal cliff” were making progress and that a deal could be reached in days.
The Dow Jones industrial average was up 100.38 points, or 0.76 percent, at 13,235.39. The Standard & Poor’s 500 Index was up 16.78 points, or 1.19 percent, at 1,430.36, its highest close since October 22. The Nasdaq Composite Index was up 39.27 points, or 1.32 percent, at 3,010.60.

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