US stocks mainly lower amid 'fiscal cliff' talks

US stocks drifted mostly lower in early trade Wednesday as investors eyed Washington's budget impasse amid a looming deadline.

In the first 30 minutes of trade, the Dow Jones Industrial Average shed 9.82 points (0.07 percent) at 13,341.14.

The broad-market S&P 500 lost 2.73 (0.19 percent) to 1,444.10, while the tech-rich Nasdaq Composite dipped 3.81 points (0.113 percent) at 3,050.93.

The markets were watching President Barack Obama and top Republican John Boehner in their effort to avert the so-called fiscal cliff of tax hikes and spending cuts set to take effect in January, but differences remain.

Experts say failure to reach a deal could drag the world's biggest economy back into recession.

On Tuesday, the Dow gained 0.87 percent, the S&P 500 climbed 1.15 percent, while the Nasdaq Composite was up 1.46 percent.

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Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3695-0.0015-0.11%
    USDSGD=X
    1.4915+0.0007+0.05%
    EURSGD=X
    2.0371+0.0017+0.08%
    GBPSGD=X
    86.9916+0.0186+0.02%
    SGDJPY=X
    5.6616+0.0056+0.10%
    SGDHKD=X
    2.6867+0.0118+0.44%
    SGDMYR=X
    9,545.8350+43.6445+0.46%
    SGDIDR=X
    4.5376+0.0077+0.17%
    SGDCNY=X
    1.0615-0.0113-1.05%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,198.30-6.50-0.54%
    GCJ15.CMX
    16.97-0.17-0.99%
    SIK15.CMX
    67.73-0.66-0.97%
    ^XAU
    2.76-0.05-1.78%
    HGK15.CMX
    48.43-3.00-5.83%
    CLK15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.42-0.06
    ^FVX
    1.95-0.06
    ^TNX
    2.53-0.07
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.435+0.030+7.41%
    E5H.SI
    0.131+0.015+12.93%
    E13.SI
    0.167+0.004+2.45%
    5GB.SI
    0.285-0.005-1.72%
    5WA.SI
    0.945+0.015+1.61%
    N21.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.31+0.08+34.78%
    5PD.SI
    0.131+0.015+12.93%
    E13.SI
    0.255+0.025+10.87%
    D79.SI
    0.39+0.03+9.86%
    D03.SI
    0.435+0.030+7.41%
    E5H.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.135-0.007-4.93%
    K14.SI
    1.862-0.095-4.85%
    O9D.SI
    0.515-0.025-4.63%
    R07.SI
    0.22-0.01-4.35%
    M14.SI
    0.225-0.010-4.26%
    DU4.SI