Lawmakers reach deal on fiscal cliff; Stocks soar

Posted 5:40 PM, January 2, 2013, by and
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

The stock market soared today following the last-minute budget compromise in congress over the fiscal cliff.
The Dow Jones gained more than2%, it’s biggest one day jump in over a year.
The NASDAQ gained just over 3%.
However, Illinois wage earners will still see a cut in their paychecks because of a state income tax increase.

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