Wall street closing

U.S. stocks closed higher on Monday, with all three major indexes rising over 1.2 percent, ending a volatile year on a high note, as investors welcomed signs a fiscal cliff deal is on-track in Washington. All major global markets will be closed January 1 in observance of New Year’s Day. The U.S. dollar rose versus the euro and the yen. Benchmark light sweet crude oil rose slightly to $91.72 a barrel on the New York Mercantile Exchange, and gold futures rose to $1,674.40 an ounce. The Dow Jones industrial average rose 166.03, or 1.3 percent, to 13,104.14. The broader Standard & Poor’s 500 index rose 23.76, or 1.7 percent, to 1,426.19. The technology-heavy Nasdaq composite index rose 59.20, or 2.0 percent, to 3,019.51