Daily ETF Roundup: Stocks Surge On Fiscal Cliff Deal

By: ETFdb
The first trading session of 2013 is in the books as markets turned in one of the best performances in recent memory. After weeks of tireless debates, Congress was able to come to an agreement to avert the fiscal cliff, extending some of the Bush-era tax cuts among other things. The bill, crafted by Vice President Joe Biden and Senate Minority Leader Mitch McConnell helped avoid a crisis, but still left some of the issues on the table, as Congress will be forced to come to a conclusion on the U.S. debt ceiling come February [Download Seven Simple & Cheap ETF Model Portfolios]. Global Market Overview: Stocks Surge On Fiscal Cliff Deal Markets took cues from the positive movement from Washington and were off to the races today. The tech-heavy Nasdaq ETF led the way with gains just shy of 3.2%. The S&P 500 Fund and Dow Jones ETF were not [...] Click here to read the original article on ETFdb.com. Related Posts: Favorite ETF Positions For 5 Super Investors Daily ETF Roundup: Excitement Simmers On Mixed News Daily ETF Roundup: Bargain Shopping Euphoria Sparks Rally Daily ETF Roundup: Another Day, Another Sell-Off Daily ETF Roundup: All Eyes On The Election
The first trading session of 2013 is in the books as markets turned in one of the best performances in recent memory. After weeks of tireless debates, Congress was able to come to an agreement to avert the fiscal cliff, extending some of the Bush-era tax cuts among other things. The bill, crafted by Vice President Joe Biden and Senate Minority Leader Mitch McConnell helped avoid a crisis, but still left some of the issues on the table, as Congress will be forced to come to a conclusion on the U.S. debt ceiling come February [Download Seven Simple & Cheap ETF Model Portfolios]. Global Market Overview: Stocks Surge On Fiscal Cliff Deal Markets took cues from the positive movement from Washington and were off to the races today. The tech-heavy Nasdaq ETF led the way with gains just shy of 3.2%. The S&P 500 Fund and Dow Jones ETF were not [...]

Click here to read the original article on ETFdb.com.

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