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Wall Street ends lower as 'cliff' talks sour
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Traders work on the floor of the New York Stock Exchange, December 18, 2012.
Credit: Reuters/Brendan McDermid
NEW YORK |
NEW YORK (Reuters) - U.S. stocks fell on Wednesday as Washington talks to avert a year-end fiscal crisis turned sour, but the market's modest loss shows that investors still expect a deal.
The Dow Jones industrial average was down 99.22 points, or 0.74 percent, at 13,251.74. The Standard & Poor's 500 Index was down 10.99 points, or 0.76 percent, at 1,435.80. The Nasdaq Composite Index was down 10.17 points, or 0.33 percent, at 3,044.36.
(Reporting By Angela Moon; Editing by Tim Dobbyn)
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