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December 04, 2012 at 12:27 PM EST
The Dow Now: Depressed Intel and Hewlett-Packard Receive Some Cheer
MINYANVILLE ORIGINAL Movement in the US stock market continued to be limited as Democrats and Republicans have gained little traction in reaching a deal on tax and budget policy to avert the so-called “fiscal cliff.” "Support (for the market) is based on a belief that Washington will come to some agreement before we go over the fiscal cliff " Art Hogan managing director of Lazard Capital Markets in New York told Reuters. "On the first show of flexibility from either side we'll get a relief rally." The Dow Jones Industrial Average (INDEXDJX:.DJI) was down 0.06% to 12 957.35 points ...
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