Home>Topics>>Wall Street ends flat as "fiscal cliff" focus lingers
Wall Street ends flat as "fiscal cliff" focus lingers
Reuters: Business News
Fri, 30 Nov 2012
NEW YORK (Reuters) - The S&P 500 wrapped up its fifth positive month in the last six on Friday, although it ended the day flat as politicians remain at odds about how to avoid the so-called fiscal cliff.
Any deal to avert the fiscal cliff will modestly hit the economy, but legislators won't allow the worst-case scenario--and subsequent recession--to happen, says Northern Trust chief economist Carl Tannenbaum.
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