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
    1.3480+0.0065+0.48%
    USDSGD=X
    1.4685-0.0046-0.31%
    EURSGD=X
    2.0768+0.0014+0.07%
    GBPSGD=X
    91.2859+0.6821+0.75%
    SGDJPY=X
    5.7512-0.0276-0.48%
    SGDHKD=X
    2.7008+0.0067+0.25%
    SGDMYR=X
    9,803.0527-25.5068-0.26%
    SGDIDR=X
    4.6031-0.0206-0.45%
    SGDCNY=X
    1.0441-0.0055-0.53%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,186.80-17.20-1.43%
    GCM15.CMX
    16.75-0.30-1.77%
    SIN15.CMX
    69.23-2.02-2.83%
    ^XAU
    2.78-0.03-1.16%
    HGN15.CMX
    58.37-1.35-2.26%
    CLN15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.54-0.03
    ^FVX
    2.16-0.06
    ^TNX
    2.92-0.07
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.330.00-1.49%
    AFC.SI
    0.193+0.012+6.63%
    5OU.SI
    0.290.000.00%
    5WA.SI
    0.172+0.004+2.38%
    F13.SI
    0.27+0.01+3.85%
    B0Z.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.25+0.06+31.58%
    41H.SI
    0.26+0.06+30.00%
    AYP.SI
    0.138+0.019+15.97%
    5IF.SI
    0.15+0.02+14.50%
    5TJ.SI
    0.915+0.110+13.66%
    NC9.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.20-0.05-20.00%
    5PD.SI
    0.135-0.015-10.00%
    5OY.SI
    0.185-0.020-9.76%
    41O.SI
    0.56-0.06-9.68%
    AXK.SI
    0.25-0.03-9.09%
    L02.SI