GOP House Already Paying Dividends

First, the stock market didn't suffer its typical year end slump as people adjust their portfolios for tax purposes. Then, the new year starts with a nice rally.

Wall Street indexes started the new year with sharp gains on Monday, extending the late-2010 rally on optimistic signs about a global recovery.

The Nasdaq hit a 10-year high in intraday trading, driven largely by gains in Apple, which hit an all-time high of $330.20 and is up 56 percent since the end of 2009. The Nasdaq, however, is still half of the all-time high of 2000.

Shares got a lift from the “January effect” when fund managers are no longer engaged in year-end window dressing and focus on shares that they find attractive.

Read more: http://dailycaller.com/2011/01/03/wall-street-starts-new-year-with-a-surge/#ixzz1A4nTsYF0