S&P 500 Posts Second Week of Gains
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The S&P 500 wrapped up its second positive week in a row on Friday (November 30), although it ended the day flat as politicians remain at odds about how to avoid the so-called fiscal cliff. U.S. President Barack Obama accused a "handful of Republicans" in the House of Representatives on Friday of holding up legislation to extend tax cuts for middle-class Americans in order to try to preserve them for the wealthy. "There is a stalemate; let's not kid ourselves," House Speaker John Boehner said.