Tag: US "fiscal cliff"

• Wednesday, January 2nd 2013 - 23:39 UTC

  Markets rally on fiscal cliff agreement but a second chapter waits in February

  

  Global stock markets have rallied after a short-term deal to stave off the US “fiscal cliff” was reached. In New York, the Dow Jones closed up 2.4%, while European shares were up about 2% for the day.