Fiscal cliff deal boosts world markets
January 2nd, 2013
07:09 AM ET
2 years ago

Fiscal cliff deal boosts world markets

Hong Kong (CNNMoney) – World markets advanced Wednesday as lawmakers in the United States completed legislation that will mute much but not all of the fiscal cliff.

Asian and European stocks post strong gains, while government bonds in weaker eurozone economies rally as investor appetite for riskier assets rise on the diminished threat of an immediate hit to growth in the world's largest economy.

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Filed under: Fiscal Cliff • Wall Street