Arab Today, arab today us stocks lower with \fiscal cliff\ talks to resume
Last Updated : GMT 22:20:05
Arab Today, arab today
Arab Today, arab today

US stocks lower with \'fiscal cliff\' talks to resume

Arab Today, arab today

Arab Today, arab today US stocks lower with \'fiscal cliff\' talks to resume

New York - AFP

US stocks dipped Wednesday amid ongoing investor uncertainty as President Barack Obama headed back to Washington to try to secure a year-end \'fiscal cliff\' deal with Republican lawmakers. The Dow Jones Industrial Average was down 16.14 points (0.12 percent) in late morning trade. The broad-market S&P 500 lost 4.81 points (0.34 percent) to 1,421.85, while the tech-rich Nasdaq Composite shed 16.19 points (0.54 percent) at 2,996.41. \"The action today through Friday will be heavily influenced by news on the fiscal cliff negotiations. Underlying that will be support from the traditional year-end bullish bias,\" said Briefing.com\'s Dick Green. The White House and Congress have until the end of the month to reach a compromise on how to avert a year-end fiscal crisis that could lead to stiff tax hikes and drastic budget cuts. Experts say a plunge over the so-called \"fiscal cliff\" could take the world\'s biggest economy back into recession. Obama was to head back to the capital late Wednesday from Hawaii, and lawmakers are also expected back in Washington on Thursday. On Christmas Eve, the Dow was down 0.39 percent, while the S&P 500 lost 0.24 percent and the tech-rich Nasdaq Composite shed 0.28 percent. Markets were closed Tuesday for Christmas Day. Stocks in focus Wednesday included online video Netflix, which edged 0.1 percent higher in the wake of a service interruption. US commodities and derivatives market InterContinentalExchange (ICE) and its transatlantic peer NYSE Euronext were up 0.3 percent and 0.4 percent, respectively, after at least one shareholder complaint was filed to contest their planned fusion announced last week. Shares of BlackBerry maker Research In Motion were up 6.7 percent, recovering after a plunge on Friday on investor fears that its new smartphone platform will thin the ranks paying for its service. Tech heavyweight Apple meanwhile lost 1.2 percent. Monday\'s bond prices rose. The 10-year US Treasury yield slipped to 1.76 from 1.77 percent late Monday, while the 30-year dipped to 2.93 from 2.94 percent. Bond prices and yields move inversely.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us stocks lower with \fiscal cliff\ talks to resume Arab Today, arab today us stocks lower with \fiscal cliff\ talks to resume

 



Arab Today, arab today
Arab Today, arab today Accessories designer reveals her new collection

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection
Arab Today, arab today Laptop ban sparks ire

GMT 09:02 2017 Thursday ,23 March

Laptop ban sparks ire
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
Arab Today, arab today AT&T, Verizon join Google ad boycott

GMT 10:30 2017 Thursday ,23 March

AT&T, Verizon join Google ad boycott
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemeni official warns education is under threat

GMT 12:03 2017 Tuesday ,14 March

Yemeni official warns education is under threat
Arab Today, arab today Number of unwedded girls amounts to 2.5m

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Donia Abdel Aziz participates in "Game of Silence"

GMT 07:12 2017 Tuesday ,21 March

Donia Abdel Aziz participates in "Game of Silence"
Arab Today, arab today Mexico threatens to ditch US corn imports

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 07:39 2017 Monday ,20 March

Dalia Mustafa believes in the presence of ghosts

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection

GMT 16:41 2017 Monday ,20 March

Preserving the memory of glaciers

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 13:11 2017 Tuesday ,21 March

Web-based counseling lowers blood pressure

GMT 10:18 2017 Tuesday ,21 March

Kuwait's tourism industry to be worth

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 22:39 2017 Thursday ,09 March

Zuhair Murad presents his new collection "Resorts"
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday