Market Close 24 December 2012
Gary is off – Close from Yahoo Finance.
The major averages spent today’s abbreviated session in the red as the lack of progress in the budget debate weighed on sentiment. The S&P 500 hovered near its lows for the duration of the day, and the benchmark index lost 0.2% amid low volume. With the holiday break underway, traders turn their focus to Thursday when lawmakers are scheduled to return to the country’s capital.
The energy sector was the weakest performer and coal producers were pressured. Alpha Natural Resources (ANR 9.03, -0.25) lost 2.7% and CONSOL Energy (CNX 32.67, -0.48) slid 1.5%.
|S&P 500||1,426.66||3.49 (0.24%)|