AOL.com Video - Wall Street Ends Higher on 'Fiscal Cliff' Hope After Optimistic Comments From Obama, Boehner

VIDEO:News

Wall Street Ends Higher on 'Fiscal Cliff' Hope After Optimistic Comments From Obama, Boehner

Description:U.S. stocks rallied on Wednesday (November 28) after comments from House Speaker John Boehner, the top Republican in Congress, on a possible compromise to avoid the "fiscal cliff" turned the market around. The S&P 500 rebounded from a 1 percent decline, gaining more than 20 points from its low after Boehner, an Ohio Republican, said he was optimistic that a budget deal to avoid big spending cuts and tax hikes can be worked out. (1:05)

Source: IBTimesTV

Tags: Wall Street Ends Higher on Fiscal Cliff Hope , Barack Obama , dow jones industrial average , fiscal cliff negotiations