NEW YORK — The “fiscal cliff” compromise, even with all its chaos, controversy and unresolved questions, was enough to ignite the stock market on Wednesday, the first trading day of the new year.
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Wednesday’s broad stock market rally also benefited most of Oklahoma’s publicly traded companies. The state’s biggest gainer, Apco Oil and Gas International Inc., was up 20 percent and closed at $14.73 on the Nasdaq exchange. Meanwhile, Syntroleum Corp. rose almost 17 percent to close at 46 cents. Other stocks posting gains of more than 7 percent were Panhandle Oil and Gas Inc.; Southwest Bancorp Inc.; and GMX Resources Inc.
From staff reports