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Snapple co-founder dies at 85
NEW YORK, Dec. 26 (UPI) -- U.S. stock markets slumped after the Christmas break, with uncertainty over budget talks in Washington setting the mood on Wall Street Wednesday.
By close of trading, the Dow Jones industrial average lost 24.49 points or 0.19 percent to 13,114.59. The Nasdaq lost 22.44 points or 0.74 percent to 2,990.16.
The Standard & Poor's 500 shed 6.83 points or 0.48 percent to 1,419.83.
On the New York Stock Exchange, 1,119 stocks advanced and 1,919 declined on a volume of 2.2 billion shares traded.
The 10-year treasury note was up 6/32 to yield 1.756 percent.
Against the yen, the dollar was higher at 85.54 from Monday's 84.81. The euro rose to $1.3228 from $1.3183.
In Tokyo, the Nikkei 225 index added 1.49 percent, 150.24 points, to 10,230.35.
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ALGIERS, Algeria, May 24 (UPI) --
Algeria's government is under pressure to ease its foreign energy investment laws after BP warned it may delay important projects in the North African state.
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ARLINGTON, Va., May 24 (UPI) --
BAE Systems has received a two-year contract extension from the U.S. Army Space and Missile Defense Command to support its Future Warfare Center.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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