US stocks ease after strong rise

Written By Unknown on Kamis, 03 Januari 2013 | 08.16

US stocks have headed lower after rising strongly for two straight sessions driven by Congress's long-awaited deal to avert the "fiscal cliff".

Five minutes into trade on Thursday, the Dow Jones Industrial Index was down 36.05 points, or 0.27 per cent, at 13,376.50.

The broad-based S&P 500 slipped 2.66 points, or 0.18 per cent, to 1,459.76.

The Nasdaq Composite lost 6.96 points, or 0.22 per cent, at 3,105.30.

On Wednesday the markets opened the New Year with a grand rally, the S&P 500 surging 2.5 per cent and the Nasdaq gaining 3.1 per cent.


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