TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Stocks mostly flat amid continued budget talks

By The Associated Press
Tuesday, Dec. 4, 2012, 5:24 p.m.
 

NEW YORK — Stocks were mostly unchanged on Tuesday as more budget talks were under way in Washington.

The Dow Jones industrial average traded in a narrow range of just 82 points before closing down 13.82 points at 12,951.78.

The Standard and Poor's 500 was down 2.41 points to 1,407.05.

The Nasdaq composite was down 5.51 at 2,996.69.

The S&P 500 has risen 12 percent this year.

High debt levels and slowing global growth will weigh on the economy, Gross said.

The yield on the 10-year Treasury note fell 1 basis point to 1.61 percent.

 

 
 


Show commenting policy

Most-Read Business Headlines

  1. Young adults drive home rental trend in Western Pennsylvania
  2. GM’s legal team targeted in federal investigation
  3. Government approves compromise on Corbett’s alternative Medicaid plan
  4. Auto market booming, but longer loan terms cause concern
  5. Ukraine conflict, disappointing earnings reports weigh on stocks
  6. Twitch.tv online network reveals value of video gaming market
  7. Economy grew at brisk 4.2% rate in Q2
  8. USDA updates dairy insurance program
  9. JPMorgan boosts defenses against mounting cyberattacks
  10. Banks’ earnings up 5.2% in 2Q
  11. Housing contracts rise as mortgage rates fall
Subscribe today! Click here for our subscription offers.