NEW YORK U.S. stocks dipped at the open on Tuesday, hobbled by "fiscal cliff" concerns as an upcoming debate in Congress over solving the nation's budget problems kept investors from making aggressive bets.
The Dow Jones industrial average dropped 65.58 points, or 0.51 percent, to 12,749.50. The Standard & Poor's 500 Index lost 7.92 points, or 0.57 percent, to 1,372.11. The Nasdaq Composite Index fell 26.35 points, or 0.91 percent, to 2,877.91. (Reporting by Chuck Mikolajczak; Editing by James Dalgleish)
India investigates damage caused by French submarine data leak
SYDNEY/NEW DELHI India is investigating the extent to which secrets about French Scorpene submarines being built in the country have been compromised, its defence ministry said on Wednesday, after a leak of documents relating to its combat capabilities.
U.S. oil falls 2 pct on surprise build in crude stocks
LONDON U.S. oil prices fell more than 2 percent on Wednesday on an unexpected increase in U.S. crude stocks that revived worries about the supply glut that has capped prices for the past two years.
Sensex edges up but caution prevails ahead of Fed comments
Indian shares closed slightly higher on Wednesday, led by drug maker Aurobindo Pharma Ltd after stellar quarterly results, but sentiment remained edgy as investors awaited further cues on whether the U.S. Federal Reserve will raise interest rates this year.