While you were sleeping Obama, Boehner meet

Mon, 17 Dec 2012

By Margreet Dietz Dec 18 (BusinessDesk) - Wall Street gained as a meeting between US President Barack Obama and House Speaker John Boehner at the White House today bolstered optimism a budget agreement will be reached soon. Wall Street took heart from the 45-minute gathering about which no further details were released. In afternoon trading in New York, the Dow Jones Industrial Average rose 0.62 percent, the Standard & Poor's 500 Index gained 1.03 percent, while the Nasdaq Composite Index advanced 1.01 percent. The stakes are high for the bu...

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