Obama wins the fiscal battle but not yet the war
- 11 years ago
US stocks kicked off the new year with their best day in over a year on Wednesday.
The rally was prompted by relief over a last minute deal to avoid the so-called "fiscal cliff" - a hard-core programme of tax hikes and spending cuts that threatened to derail any growth in the economy.
The Dow Jones closed up 2.4%, while European shares were up about 2% for the day.
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http://www.euronews.net/
The rally was prompted by relief over a last minute deal to avoid the so-called "fiscal cliff" - a hard-core programme of tax hikes and spending cuts that threatened to derail any growth in the economy.
The Dow Jones closed up 2.4%, while European shares were up about 2% for the day.
...
http://www.euronews.net/