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Stocks dip with budget deal in doubt at year’s end

December 25, 2012 • Business


FILE – In this New York Stock Exchange Friday, Dec. 21, 2012, photo, Trader Warren Meyers uses his handheld device as he works on the floor of the New York Stock Exchange. Stocks are down Monday, Dec. 24, 2012, amid concern that lawmakers will fail to reach a deal to stop the U.S. going over the so-called fiscal cliff. (AP Photo/Richard Drew)

Stocks fell in light trading Monday during a shortened holiday trading session with lawmakers running out of time to reach a budget deal that would prevent the U.S. from going over the so-called fiscal cliff.

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