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Wall St advances at open on 'cliff' hope

As investors were encouraged by signs of movement on fiscal cliff negotiations over the weekend

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Reuters New York

US stocks opened higher on Monday as investors were encouraged by signs of movement on "fiscal cliff" negotiations over the weekend.

The Dow Jones industrial average gained 32.10 points, or 0.24%, to 13,167.11. The Standard & Poor's 500 Index rose 3.92 points, or 0.28%, to 1,417.50. The Nasdaq Composite Index added 5.94 points, or 0.20%, to 2,977.28.

 

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First Published: Dec 17 2012 | 8:08 PM IST

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