US stocks dip on fiscal cliff worries
NEW YORK—US stocks closed slightly lower Tuesday as Washington continued to wrangle over a budget plan that would avoid the year-end “fiscal cliff.”
The Dow Jones Industrial Average was down 14.05 points (0.11 percent) at 12,951.55 in closing trade.
The broad-market S&P 500 dipped 2.54 points (0.18 percent) to 1,406.92 while the tech-rich Nasdaq Composite fell 5.51 (0.18 percent) to 2,996.69.
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