And Now The Stock Market Is Up

Tug Of War

Photo: toffehoff/Flickr

Some extraordinary moves in the markets.Last Friday after the markets closed, stock futures collapsed on reports that fiscal cliff deal talks were going nowhere.

However, they bounced back during pre-market trading.

Now we’re getting reports that Democrats are starting to bend on the income threshold for tax hikes.

And now markets are modestly higher.

The S&P 500 is up 2 points.

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