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Stocks jump on U.S. fiscal cliff deal

Reuters Business
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January 02, 2013 AT 10:57 AM
Following on from Asia, European shares, oil and gold rise after U.S. politicians struck a deal to avoid the "fiscal cliff". But analysts warn the relief rally won't last and U.S. and European politicians need to work out how to boost growth and cut their deficits. Joanna Partridge reports