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
    1.3794-0.0022-0.16%
    USDSGD=X
    1.5380-0.0006-0.04%
    EURSGD=X
    2.0210+0.0002+0.01%
    GBPSGD=X
    80.3897-0.0533-0.07%
    SGDJPY=X
    5.6321+0.0085+0.15%
    SGDHKD=X
    2.9780+0.0008+0.03%
    SGDMYR=X
    9,884.3584+17.1748+0.17%
    SGDIDR=X
    4.7652+0.002+0.04%
    SGDCNY=X
    0.9927+0.0003+0.03%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,213.40-9.30-0.76%
    GCQ16.CMX
    16.06-0.28-1.73%
    SIN16.CMX
    79.41-2.71-3.31%
    ^XAU
    2.100.00+0.05%
    HGN16.CMX
    49.49+0.01+0.02%
    CLN16.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.39+0.04
    ^FVX
    1.85+0.03
    ^TNX
    2.65+0.02
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.28-0.03-8.20%
    N21.SI
    0.76+0.02+3.40%
    G13.SI
    0.143+0.005+3.62%
    5DM.SI
    0.79+0.05+6.76%
    5HJ.SI
    3.90-0.03-0.76%
    Z74.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.29+0.04+16.00%
    5VI.SI
    0.275+0.030+12.24%
    BAZ.SI
    0.375+0.040+11.94%
    F03.SI
    0.505+0.050+10.99%
    BJE.SI
    1.30+0.12+10.64%
    BDV.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.19-0.06-24.00%
    580.SI
    0.14-0.02-11.39%
    5WJ.SI
    0.28-0.03-8.20%
    N21.SI
    0.10-0.01-7.41%
    AWO.SI
    0.335-0.025-6.94%
    BFU.SI