Brazil stocks jump on U.S. fiscal deal

SAO PAULO Wed Jan 2, 2013 7:14am EST

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SAO PAULO Jan 2 (Reuters) - Brazil's benchmark Bovespa stock index gained over 2 percent on Wednesday after U.S. lawmakers passed a bill to avert the so-called "fiscal cliff" of tax hikes and spending cuts that threatened to push the world's largest economy into recession.

At 10:11 a.m. (1211 GMT), the Bovespa was up 2.21 percent at 62,301.86 points.