Wall Street edges lower in thin trade
NEW YORK (Reuters) - U.S. stocks edged lower on Monday after the S&P 500 suffered its worst drop since mid-November on continued worry legislators will be unable to reach a deal to avert the "fiscal cliff."
The Dow Jones industrial average dropped 27.95 points, or 0.21 percent, to 13,162.89. The Standard & Poor's 500 Index dropped 2.55 points, or 0.18 percent, to 1,427.60. The Nasdaq Composite Index dropped 6.23 points, or 0.21 percent, to 3,014.78.
(Reporting by Edward Krudy; Editing by Chizu Nomiyama)
- Tweet this
- Share this
- Digg this
Trending On Reuters
The government is committed to achieving its fiscal deficit target of 4.1 percent of gross domestic product for the current financial year, chief economic advisor Arvind Subramanian said on Friday. Full Article