NEW YORK Dec 31 U.S. stocks closed out the last
trading day of the year on a high note on Monday after comments
from President Barack Obama and Senate Republican leader Mitch
McConnell pointed to a near resolution of the "fiscal cliff"
The Dow Jones industrial average gained 166.03
points, or 1.28 percent, to end unofficially at 13,104.14. The
Standard & Poor's 500 Index rose 23.76 points, or 1.69
percent, to 1,426.19. The Nasdaq Composite Index climbed
59.20 points, or 2.00 percent, to 3,019.51.
For 2012, the Dow rose 7.3 percent, while the S&P 500
climbed 13.4 percent and the Nasdaq jumped 15.9 percent.