Daily Market Wrap: December 18, 2012

Market News Video
December 18, 2012 AT 9:58 PM
The markets were higher today as investors remained hopeful that a deal can be reached to avoid the fiscal cliff. In a hopeful sign for the housing market, the National Association of Home Builders is reporting an increase in the home builder sentiment index, which rose to 47 in December, marking eight straight months of gains.