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
    1.3273-0.0052-0.39%
    USDSGD=X
    1.4469-0.0006-0.04%
    EURSGD=X
    2.0217-0.0011-0.05%
    GBPSGD=X
    89.7178+0.4983+0.56%
    SGDJPY=X
    5.8389+0.0226+0.39%
    SGDHKD=X
    2.6762-0.006-0.22%
    SGDMYR=X
    9,760.7969+42.2207+0.43%
    SGDIDR=X
    4.6850+0.0358+0.77%
    SGDCNY=X
    1.0431+0.0011+0.10%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,200.90+25.90+2.20%
    GCM15.CMX
    16.35+0.71+4.57%
    SIK15.CMX
    72.34+2.38+3.40%
    ^XAU
    2.77+0.02+0.82%
    HGK15.CMX
    57.01-0.14-0.24%
    CLM15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.35+0.02
    ^FVX
    1.94+0.02
    ^TNX
    2.63+0.01
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.23+0.01+2.22%
    5GB.SI
    0.85+0.01+1.19%
    N21.SI
    0.2950.0000.00%
    5WA.SI
    0.425-0.005-1.16%
    E5H.SI
    0.41+0.02+5.13%
    5EN.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.184+0.031+20.26%
    W12.SI
    0.225+0.025+12.50%
    D38.SI
    0.12+0.01+11.11%
    E6R.SI
    0.26+0.02+10.64%
    D79.SI
    0.425+0.040+10.39%
    TI6.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.113-0.046-28.93%
    5IF.SI
    0.105-0.020-16.00%
    5DL.SI
    0.50-0.07-12.28%
    D11.SI
    0.197-0.023-10.45%
    AFC.SI
    0.146-0.016-9.88%
    T19.SI