Friday, 04 January 2013 04:03
NEW YORK: US stocks closed lower Thursday amid profit taking after shares rose strongly for two straight sessions driven by Congress's long-awaited deal to avert the economy-crunching fiscal cliff.
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Also weighing in later trade were indications from the Federal Reserve that some of its core policy-makers favor wrapping up its bond-buying stimulus programs this year.
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At the closing bell the Dow Jones Industrial Index was down 21.19 points (0.16 percent) at 13,391.36.
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The broad-based S&P 500 slipped 3.06 (0.21 percent) to 1,459.36, while the Nasdaq Composite lost 11.69 points, or 0.38 percent, at 3,100.57.
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