Business

Stocks little changed as budget talks continue

By Steve Rothwell
Published December 4, 2012 9:21pm ET
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Stocks little changed as budget talks continue
FILE - In this Nov. 15, 2012, file photo, traders work on the floor at the New York Stock Exchange, in New York. World stock markets meandered Tuesday, Dec. 4, as traders weighed a surprise drop in U.S. factory production against hopes that the U.S. will avoid the so-called fiscal cliff. (AP Photo/Seth Wenig, File) | Seth Wenig

NEW YORK (AP) — Stocks closed little changed Tuesday on Wall Street as budget talks continued in Washington.

The Dow Jones industrial average closed down 13.82 points at 12,951.78 after trading in a narrow range of just 82 points. The Standard and Poor’s 500 was down 2.41 points to 1,407.05. The Nasdaq composite was down 5.51 at 2,996.69.

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