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
    1.3588+0.0005+0.04%
    USDSGD=X
    1.4943+0.0021+0.14%
    EURSGD=X
    1.7831+0.002+0.11%
    GBPSGD=X
    77.8710+0.808+1.05%
    SGDJPY=X
    5.7067-0.0025-0.04%
    SGDHKD=X
    3.0005+0.0103+0.34%
    SGDMYR=X
    9,676.0967-19.083-0.20%
    SGDIDR=X
    4.9102+0.0009+0.02%
    SGDCNY=X
    1.0159-0.0038-0.37%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,318.20-2.60-0.20%
    GCQ16.CMX
    19.61-0.07-0.37%
    SIU16.CMX
    103.00+3.11+3.11%
    ^XAU
    2.220.00-0.11%
    HGU16.CMX
    42.81-0.11-0.26%
    CLU16.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.140.00
    ^FVX
    1.56-0.01
    ^TNX
    2.28-0.01
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.515+0.020+4.04%
    5TP.SI
    0.141+0.004+2.92%
    B73.SI
    0.39+0.01+2.63%
    5WF.SI
    0.166+0.011+7.10%
    O9E.SI
    0.167+0.002+1.21%
    N21.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.199+0.036+22.09%
    AZG.SI
    0.19+0.02+9.20%
    AXH.SI
    0.465+0.035+8.14%
    E8Z.SI
    0.166+0.011+7.10%
    O9E.SI
    0.190.00+1.06%
    KJ5.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.205-0.075-26.79%
    BQN.SI
    0.21-0.07-23.64%
    PA3.SI
    0.905-0.085-8.59%
    NC9.SI
    0.152-0.013-7.88%
    5LY.SI
    0.415-0.035-7.78%
    NC2.SI