Quantcast

Fiscal cliff pessimism delivers US stocks another loss

By Agence France-Presse
Friday, December 28, 2012 17:54 EDT
google plus icon
StockExchange_AFP
 
  • Print Friendly and PDF
  • Email this page

US stocks sank again Friday, showing more doubts that politicians will be able to agree a deal to fix the fiscal cliff with only days before the year-end deadline.

After trading lower for most of the day amid uncertainty about last-minute negotiations in the White House, traders gave up and sold off at a stronger pace in the last half hour.

The Dow Jones Industrial Average finished off 158.20 points (1.21 percent) at 12,938.11.

The broad-market S&P 500 lost 15.67 (1.10 percent) to 1,402.43, while the tech-rich Nasdaq Composite shed 25.60 points (0.86 percent) to 2,960.31.

Agence France-Presse
Agence France-Presse
AFP journalists cover wars, conflicts, politics, science, health, the environment, technology, fashion, entertainment, the offbeat, sports and a whole lot more in text, photographs, video, graphics and online.
 
 
 
 
By commenting, you agree to our terms of service
and to abide by our commenting policy.
 
Google+