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Wall Street Flat, Fiscal Talks in Focus

2012-12-06 10 Dailymotion

<p>Wall Street opened little changed on Thursday (December 6) in what could be another choppy session as the progress of fiscal negotiations in Washington continues to determine the market's fate.</p><br /><p>The number of Americans filing new claims for unemployment benefits fell for a third straight week last week, dropping back to their pre-HurricaneSandy range.<br /><br />Initial claims for state unemployment benefits dropped 25,000 to a seasonally adjusted 370,000 in the week ended December 1, the Labor Department said on Thursday.</p><br /><p>The Dow Jones industrial average was up 16.05 points, or 0.12 percent, at 13,050.54. The Standard & Poor's 500 Index was up 0.42 points, or 0.03 percent, at 1,409.70. The Nasdaq Composite Index was down 1.99 points, or 0.07 percent, at 2,971.71.</p>

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