Wednesday, December 05, 2012 5:13 pm
News Summary: Stocks gain on "cliff" optimism
By The Associated Press
THIS TIME NEXT WEEK: Wall Street remained focused on the "fiscal cliff." Comments from President Obama Wednesday that "we can probably solve this in about a week" gave the stock market a boost.
APPLE, JUICED: Apple's aura may be fading. The maker of the iPhone and iPads slumped $37, dragging the Nasdaq composite index down with it. One analyst attributed the decline to comments by an AT&T executive that suggested possible weaker sales of the new iPhone.