US STOCKS SNAPSHOT-S&P 500 posts best two-day run in a month

NEW YORK Tue Dec 18, 2012 4:10pm EST

NEW YORK Dec 18 (Reuters) - U.S. stocks rallied on Tuesday, capping off the S&P 500's best two-day run in a month, on confidence that a deal would be struck in Washington to avoid painful spending cuts and tax hikes that could hurt the economy.

The Dow Jones industrial average was up 115.57 points, or 0.87 percent, to end unofficially at 13,350.96. The Standard & Poor's 500 Index was up 16.43 points, or 1.15 percent, to finish unofficially at 1,446.79. The Nasdaq Composite Index was up 43.93 points, or 1.46 percent, to close unofficially at 3,054.53.

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.