Spreadex Market Update
Fiscal cliff deal passed
It was only last night that a bill was passed and the Wall Street Indices now trading more than 450 points higher than where it last closed.
The bill has undone income tax increases for more than 99 percent of households.
The 257-167 vote just after 11 p.m. last night capped a tension-filled day as Republicans balked at a bipartisan Senate measure.
House Speaker John Boehner ordered a vote even though 151 of 236 Republicans, including Majority Leader Eric Cantor, ultimately voted no.
Obama said he’d sign the bill into law.
The next G8 meeting due to be held in June under the presidency of Britain will focus on trade, tax compliance and prompting greater transparency.
Prime Minister David Cameron said he hoped the group's seven other member nations - the United States, France, Russia, Italy, Japan, Canada and Germany - would join Britain in trying to "fire up economies and drive prosperity".
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