US STOCKS SNAPSHOT-Wall St falls after budget talks debacle

Reuters Middle East

NEW YORK, Dec 21 (Reuters) - U.S. stocks finished lower on

Friday, after a Republican plan to avoid the "fiscal cliff"

failed to gain sufficient support on Thursday night, draining

hopes that a deal would be reached before 2013.

The Dow Jones Industrial Average fell 120.88 points

or 0.91 percent, to end unofficially at 13,190.84. The S&P 500

lost 13.54 points or 0.94 percent, to finish unofficially

at 1,430.15. The Nasdaq Composite dropped 29.38 points

or 0.96 percent, to close unofficially at 3,021.01.

For the week the Dow gained 0.4 percent, the S&P 500 added

1.2 percent and the Nasdaq gained 1.7 percent. It was the best

week in the last four for both the Nasdaq and the benchmark S&P


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