Monday, December 31, 2012
Futures mixed with hours left before fiscal cliff
AP
Vote on It:
Average Vote:
[+] Text [-]
 
 

NEW YORK (AP) — Stock futures are mixed on the year's final day of trading, with lawmakers trying to push through a last-minute deal on the budget.

Dow Jones industrial futures are up 3 points to 12,780. The broader S&P futures have added 2.1 points to 1,386.10. Nasdaq futures are down 3 points to 2,583.

There is a shortened day for bond trading Monday, but it's a full day for the stock markets. Volume is very low, however.

There are now just hours to go before the midnight deadline for the nation's so-called "fiscal cliff," if no deal is reached.

More than $500 billion in 2013 tax increases would begin to take effect and $109 billion would be slashed from defense and domestic programs.

Senate Majority Leader Harry Reid says negotiations are ongoing.

Share:
Vote on It:
Average Vote:
 

Sign Up to Post Your CommentsSign Up to Post Your Comments
If you are already registered, click here to login. Otherwise, please take a few seconds to register with Townhall.com. Once you sign up, you’ll be able to post your comments immediately, use the action center, get podcasts, and more!
Note: Fields marked with a red asterisk (*) are required.
Salutation:
First Name:
*
Last Name:
*
Email:
*
Nickname:
*
Note: Nick name will be shown when you post comments.
Address 1:
*
Address 2:
City:
*
State:
*
Zip:
*
Phone: