Wednesday, 9 October 2013

INQUIRER.net: US stocks steady as budget impasse drags on

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US stocks steady as budget impasse drags on
Oct 9th 2013, 23:20

NEW YORK CITY—US stocks were mixed Wednesday as the White House moved to convene meetings with leading members of Congress to seek an end to economic policy paralysis in Washington.   The S&P 500 and Dow were slightly higher, but the sell-off in tech stocks continued unabated from Tuesday, when the Nasdaq plunged 2 percent.   The Dow Jones Industrial Average finished up 26.45 points (0.18 percent) at 14,802.98.   The broad-based S&P 500 added a bare 0.95 (0.06 percent) at 1,656.40, while the tech-rich Nasdaq Composite Index lost 17.06 (0.46 percent) at 3,677.78.   Markets took in stride comments by President Barack Obama's nominee...

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