Wall Street falls, hit by Reid’s “fiscal cliff” comments
NEW YORK (Reuters) – Stocks slid on Tuesday in a choppy session, losing ground in the last hour before the close after Senate Majority Leader Harry Reid expressed disappointment that there has been "little progress" in dealing with the "fiscal cliff. " The market was flat for most of the session but fell sharply after Reid’s comments, a signal that investors remain skittish about the wrangling in Washington. The CBOE Volatility Index, or VIX, rose on Reid’s words. . . .
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