News Briefs

  1/2/2013, Tevet 20, 5773

Global Markets Surge as US Avoids Going Over 'Cliff'

Global markets surged on the first trading day of 2013, relieved that US lawmakers were able to agree on a deal and were not forced to go over the "fiscal cliff." 

The momentum from the deal propelled the FTSE 100 above the 6000 level for the first time since July 2011.