Read as much as you want on BostonGlobe.com, anywhere and anytime, for just 99¢.

SNAPSHOT

Stocks little changed as budget talks continue

Continue reading below

Stocks barely budged as US budget talks continued. The president said a plan by the House speaker was ‘‘still out of balance’’ and insisted the wealthy pay higher taxes. Trading will be increasingly more volatile the longer the fiscal-cliff talks progress without a deal, said JJ Kinahan, at TD Ameritrade. Still, the market has gained back nearly all of a post-election slide. The S&P 500 is about 1.5% below where it was Nov. 6. By mid-November it had dropped as much as 5%. The index is up 12% this year. But high debt and slowing global growth will weigh on the economy, Bill Gross, managing director of PIMCO, told investors.

Loading comments...
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com