VIDEO
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IBTimesTV
Apple Weighs on the Nasdaq While Continuing 'Fiscal Cliff' Negotiations Drag Down Wall Street
VIDEO DESCRIPTION:
The S&P 500 ended its six-day winning streak on Thursday (December 13), retreating as worries intensified that Washington's
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"fiscal cliff" negotiations were dragging on with little progress. Anxiety about the drawn-out talks between Democrats and Republicans was enough to offset encouraging data on retail sales and jobless claims on Thursday. There is concern that tax hikes and spending cuts, set to begin in 2013 if a deal is not reached in Washington, will hurt growth. The stock market has ta
Posted: 12/14/2012
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Views: 318
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Duration: 01:24
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