Stocks soar on hopes of a deal

Optimism about impasse adds to indexes’ solid gains for ’12

Posted: January 1, 2013 at 4:20 a.m.

A trader wearing “Happy New Year” glasses works on the floor at the New York Stock Exchange in New York on Monday.

The stock market shot higher Monday to end what turned out to be a strong year for stocks.

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Front Section, Pages 1 on 01/01/2013