Wed, 28 Nov 2012 15:59:17 GMT
US stocks closed lower on fiscal cliff concerns
US stocks tumbled for the second consecutive day as concerns on the U.S. budged talks in Washington rose, curtaining better-than-expected data on core durable goods, which surged 1.7% last month. Moreover, Eurozone's finance ministers finally reached agreement on the Greek debt-aid package, thus boosting market sentiment. The S&P 500 index dropped 0.5% to 1,398.94. The index has slid 2.1% since