US Senate majority leader Reid said not to have agreed to McConnell and Biden deal on taxes

Economic commentary

- Democratic aide says Senator Reid has not signed off on proposal.

Analysis details:

- These comments conflict the most recent from US Senate minority leader McConnell who said "we're very, very close to an agreement"; agreement reached on all tax issues.

Reaction details:

- In reaction to these latest comments emini S&P falls 4.75 points lower in immediate reaction, from 1415.75 to 1411.00; trades 1413.00 last.

Source: Newswires

Mon, 20:27 31-12-2012