Thu, 20 Dec 2012 12:15:15 GMT
US blue chips tumble on budget standoff
US blue chips tanked on Wednesday, snapping two-day winning streak as US budget standoff created pressure on demand for riskier assets. However, slightly better-than-expected building permits figure coupled with positive Eurozone's data limited the downswing. Meanwhile, market players also awaited the BoJ meeting outcome due on Thursday. The Dow Jones Industrial Average Index lost 0.74% to close at 13,251.97. All