SCOREBOARD: Upbeat Street

US equities posted solid gains overnight as Barack Obama and John Boehner moved closer to a fiscal cliff compromise.

As I write, with an hour to go, Wall Street is putting in another solid performance. We’re looking at gains of around 0.9 per cent for the S&P 500, sitting at 1442; the Dow is about 88 points higher at 13324, while the Nasdaq is up 1.4 per cent at 3051.

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