You can now read 5 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

Red Sox Live



▼  9th Inning 1 outs

Stocks lower as investors watch Washington

Continue reading below

Stocks sank for most of the day after more signs of tension emerged in the US budget talks. They recovered some after a report that the president and the ouse speaker — he said the White House was so resistant to cutting spending that it risked pushing the country off the fiscal cliff — would meet late Thursday. The decline in stocks came despite a fourth straight weekly drop in applications for jobless benefits. Energy, health care, and tech stocks fell the most. David Steinberg, at DLS Capital, said it was natural for the market to pause after­ its run-up in recent weeks. He doubts the cliff will be a ‘grand event’ for the market.

Loading comments...
Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
Please enter a valid email will never post anything without asking.
Privacy Policy
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
Marketing image of