No 'Fiscal Cliff' Deal Puts Wall Street In A Slump
DAVID GREENE, HOST:
NPR's business news begins with a visit to the holiday markets.
Wall Street did not get much of a gift at the end of last week. The Dow Jones lost 120 points, or nine-tenths of a percent, on Friday. The slump is partly tied to events here in Washington last week - a Republican plan to avoid the fiscal cliff came undone. Today brings a shortened trading day and Wall Street will be closed for Christmas.
NPR transcripts are created on a rush deadline by Verb8tm, Inc., an NPR contractor, and produced using a proprietary transcription process developed with NPR. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative record of NPR’s programming is the audio record.