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Wall Street Ends 2012 Riding High on "Cliff" Deal Optimism

U.S. stocks closed out 2012 with their strongest day in more than a month. Not only that, the S&P 500 ended the year up 13.4 percent since January 1 of last year, its best performance since 2009. The Dow Jones average added 7.3% for the year and the Nasdaq jumped 16%.

Facebook Riches for Artist Who Painted Headquarters

The graffiti artist who took Facebook stock instead of cash for painting the walls of the social network's first headquarters made a smart bet. The shares owned by the artist, David Choe, are expected to be worth upward of $200 million when Facebook stock trades publicly later this year.

Dow Surges to Record … and Keeps Going

The Dow closed at an all-time high Tuesday, beating the previous record it set in October 2007, before the financial crisis and Great Recession. The Dow Jones industrial average jumped from the opening bell, climbing as much as 158 points early and closing at 14,253.77.