Stocks tumble as ‘fiscal cliff’ deadline nears

  • By STEVE ROTHWELL
    Associated Press
  • Friday, December 28th, 2012
  • Text size: A A A
AP PHOTO A trader works on the floor at the New York Stock Exchange in New York. Stocks were heading lower Friday, for a fifth day, on concern that Washington lawmakers will fail to reach a budget deal before a year-end deadline.

AP PHOTO A trader works on the floor at the New York Stock Exchange in New York. Stocks were heading lower Friday, for a fifth day, on concern that Washington lawmakers will fail to reach a budget deal before a year-end deadline.