Asian stocks rise but momentum slows in Europe over US 'fiscal cliff' deal

  • by: DAVID McHUGH , Associated Press
  • Updated: January 3, 2013 - 5:55 AM

FRANKFURT, Germany - Enthusiasm waned Thursday in Europe over U.S. legislators' deal to stave off the so-called fiscal cliff, a series of automatic tax increases and spending cuts that could have hurt the world's largest economy.

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