Stocks mostly flat amid continued budget talks
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
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- Stocks slide in busy week of quarterly earnings reports
- Oil’s rebound pushes up price at gas pumps
- Mylan rejects Teva’s $40 billion takeover bid
- Experts: If health insurers’ safeguard goes broke, consumers could pay
- California drought may be felt in Pittsburgh restaurants, groceries
- Kings Family Restaurants sold to California firm
- Camera prevalence approaches sci-fi realm
- Retailers vie for workers in tightening labor market
- Pittsburgh area home prices climb in first quarter
- Low average of jobless claims points to hiring rebound
- Visa limits vex businesses