Tuesday 04, December 2012 by Russ Koesterich

Watching for Cliff to Fade, Jobs to Appear

Investors remain intensely focused on the fiscal cliff, sizing up every utterance out of Washington, DC for clues as to what the end game might be. Stocks spent most of last week seesawing based on how the mood in Washington changed, but did manage to close slightly higher than where they began. For the week, the Dow Jones Industrial Average inched up 0.1 per cent to 13,025, the S&P 500 Index rose 0.5 per cent to 1,416 and the Nasdaq Composite advanced 1.5 per cent to 3,010.

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