Wall Street closes lower on fiscal cliff concerns

FXstreet.com (San Francisco) - The major stocks indexes in the US has closed the day with negative numbers despite the better-than-expected fundamental data in manufacturing and housing sectors and consumer confidence but focused on fiscal cliff concerns.

Senate Majority Leader Harry Reid affirmed that he is disappointed with the "little progress" made in the recent fiscal cliff and debt talks.

The DJIA declined 0.69% or 89.24 pts so far today to close at 12,878.13. The S&P 500 fell 0.52% or 7.35 pts to 1,398.94. And the Nasdaq Composite lost 0.30% or 8.99 pts to finish the day at 2,967.79.

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