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. Federal appeals court deals blow to Affordable Care Act
  2. Latrobe’s Ci Medical Technologies transforms to medical device business
  3. Gas pipeline issues challenge for producers, users
  4. Allegheny Technologies reports 2Q loss despite higher sales
  5. U.S. stocks slip to start the week; Six Flags sinks
  6. Grads’ starting salaries way behind average
  7. Checking account holdings reach 25-year high
  8. Congress may crimp offshore merger tax relief
  9. Workers strive for independence in ‘flex economy’
  10. Yellen hints that benchmark rate to remain near record low for now
  11. Detroit makes strides in bankruptcy; results of vote by creditors due today
Subscribe today! Click here for our subscription offers.