NEW YORK, Dec 31 (Reuters) - U.S. stocks extended gains,
with the Nasdaq rising 2 percent and the Dow climbing more than
1 percent in the afternoon, after comments from President Barack
Obama and Senate Republican leader Mitch McConnell indicated a
"fiscal cliff" deal was close.
The Dow Jones industrial average gained 152.05
points, or 1.18 percent, to 13,090.16. The Standard & Poor's 500
Index rose 21.78 points, or 1.55 percent, to 1,424.21.
The Nasdaq Composite Index climbed 60.04 points, or 2.03
percent, to 3,020.35.