Saturday, July 26, 2014





UIS futures higher as fiscal cliff talks open


February 19. 2013 5:39PM
Story Tools
PrintPrint | E-MailEMail | SaveSave | Hear Generate QR Code QR
Send to Kindle


fbae57b3084641e58ed029aa19082905.jpg



(AP) Stock futures are higher as President Obama heads into negotiations over the fiscal cliff with congressional leaders.


Dow Jones industrial futures are up 7 points to 12,529. The broader S&P futures have added 3 points to 1,354.30. Nasdaq futures are up 6 points to 2,528.


Attending the meeting with Obama are House Speaker John Boehner, R-Ohio, Minority Leader Nancy Pelosi, D-Calif., Senate Majority Leader Harry Reid, D-Nev., and Minority Leader Mitch McConnell, R-Ky.


A combined $600 billion in spending cuts and higher taxes, the so-called fiscal cliff, would take force in January if nothing is done.


On Friday, Hostess, the maker of Twinkies, Ding Dongs and Wonder Bread, said that it is going out of business and every one of its 18,500 workers would eventually lose their jobs.


Associated Press


Comments
comments powered by Disqus Commenting Guidelines
Poll
Mortgage Minute


Search for New & Used Cars

Make 
Model
 
Used New All
 

Search Times Leader Classifieds to find just the home you want!

Search Times Leader Classifieds to find just what you need!

Search Pet Classifieds
Dogs Cats Other Animals



Social Media/RSS
Times Leader on Twitter
Times Leader on Youtube
Times Leader on Google+
The Times Leader on Tumblr
The Times Leader on Pinterest
Times Leader RSS Feeds