Fri, 28 Dec 2012 11:42:37 GMT
U.S. shares cap losses amid optimism on budget resolution
U.S. blue chips pared their earlier losses during the last trading hour on rising optimism among investors over the budget deal, as the House of Representatives appointed a session on Dec.30. The S&P 500 index slid 0.1% to 1,418.10, after declining 1.3% earlier in the session. All but one group in the gauge edged slightly lower with consumer goods being