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Minyanville's T3 Daily Recap: Market Remains Lethargic, 'Rare' Trade Surfaces
Major US indices finished with modest gains Monday as investors wait anxiously for any word about fiscal cliff negotiations. The Nasdaq was the strongest index finishing 0.3% higher. Today's gains were enough to lift the Dow and S&P to their highest point since Election Day. It feels like investors expect a fiscal cliff deal to get done but do not expect that compromise to be reached until the final hour. Given that expectation and suggestions by Treasury Secretary Tim Geithner that the While House may be willing to go over the cliff before a budget is reached it makes ...
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