January 03, 2013 at 07:59 AM EST
HOW TO PLAY IT: Looking past the fiscal cliff rally
NEW YORK, Jan 3 (Reuters) - The Standard and Poor's 500 index surged more than 2.5 percent Wednesday, but any rally could be short-lived with workers facing smaller paychecks and expected volatility ahead of a debate on the U.S. debt ceiling debate, fund managers and analysts said.
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