Stocks got a slight lift on news of the Gaza Strip cease-fire and last week’s drop in applications for US jobless benefits. Investors seemed to take a break from worrying about the fiscal cliff of tax hikes and spending cuts due Jan. 1. In quiet holiday trading, utilities fell the most, and telecoms rose the most; no group moved more than 0.6%.
Investors put fiscal cliff worries on hold
November 22, 2012
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