World markets react to fiscal cliff
January 1st, 2013
08:22 PM ET
1 year ago

World markets react to fiscal cliff

Hong Kong (CNNMoney) - International markets opened for business Wednesday as lawmakers in the United States raced to complete legislation that would mute much but not all of the fiscal cliff.

The Senate passed a compromise measure Tuesday that would extend the Bush-era tax cuts for the vast majority of Americans and spare tens of millions from the Alternative Minimum Tax.

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Filed under: CNNMoney.com • Fiscal Cliff
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