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January 02, 2013 at 12:21 PM EST
The Nasdaq Now: Report on New iPhone Sends Apple Shares Up
MINYANVILLE ORIGINAL US stocks soared on the first trading day of 2013 after Washington lawmakers managed to reach a deal at the eleventh hour to avert the so-called fiscal cliff of automatic tax hikes and spending cuts.   “We are happy that we are halfway home to fixing the fiscal cliff; we figured out the revenue side and delayed the spending side ” commented Art Hogan market strategist at Lazard Capital Markets according to MarketWatch.   The Nasdaq Composite (INDEXNASDAQ:.IXIC) was up 2.14% to 3 084.05 points on robust trading volume of 922.50 million as of 12:04 p.m. EST.   Tech stocks ...
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