
In this Nov. 7, 2012, photo, James Dresch of MND Partners Inc. works on the floor of the New York Stock Exchange in New York. Wall Street also appeared headed for gains at the opening on Wednesday, Nov. 14, 2012, as renewed efforts got under way in Washington to resolve the impending "fiscal cliff." (AP Photo/Henny Ray Abrams)

Luke Scanlon (left) of MND Partners Inc., works Nov. 7, 2012, on the floor of the New York Stock Exchange in New York. (Associated Press)

James Dresch of MND Partners Inc. works on the floor of the New York Stock Exchange the day after President Obama was re-elected, Wednesday, Nov. 7, 2012, in New York. (AP Photo/Henny Ray Abrams)

Luke Scanlon, left, of MND Partners Inc. works on the floor of the New York Stock Exchange the day after Pres. Barack Obama was re-elected, Wednesday, Nov. 7, 2012 in New York. With President Barack Obama elected to another term, U.S. investors dumped stocks Wednesday and turned their focus to a world of problems, including a "fiscal cliff" of tax increases and spending cuts at home and a deepening recession in Europe. (AP Photo/Henny Ray Abrams)

James Dresch of MND Partners Inc. works on the floor of the New York Stock Exchange the day after Pres. Barack Obama was re-elected, Wednesday, Nov. 7, 2012 in New York. With President Barack Obama elected to another term, U.S. investors dumped stocks Wednesday and turned their focus to a world of problems, including a "fiscal cliff" of tax increases and spending cuts at home and a deepening recession in Europe. (AP Photo/Henny Ray Abrams)