Wall Street slips as investors seek cliff progress
NEW YORK (Reuters) – Stocks finished slightly lower in a quiet session on Tuesday as the back-and-forth wrangling over the "fiscal cliff" gave investors little reason to act. Trading volume was light as legislators continue to negotiate a deal to avoid a $600 billion package of tax hikes and federal spending cuts that would begin January 1 and could push the economy into recession. Just 5. 86 billion shares changed hands on the New York Stock Exchange, the Nasdaq and the NYSE MKT, below the year’s daily average of 6. 48 billion shares. A key measure of investor anxiety has remained muted. . . .
View full post on Business News Headlines – Yahoo! News
Leave a Reply