News Headline Summary

Following the negative lead on Wall Street the ASX 200 and Nikkei 225 trade lower by 0.5% and 0.4% respectively, as concerns over the US fiscal cliff remain in focus...

Analysis details (00:10)

- During the US session US Senate Majority Leader Reid said that little progress has been made recently in debt talks.
- This promoted US stocks to come under pressure into the close on Wall Street as the clock is ticking before next months deadline is due and the prospect of the fiscal cliff becomes reality.

28 Nov 2012 - 00:10 - Equities - Source: Newswires

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: