Stocks tumble as ‘fiscal cliff' deadline nears

 
By STEVE ROTHWELL | Published: December 29, 2012   

Stocks fell for a fifth day on concern that Washington lawmakers will fail to reach a budget deal before a self-imposed year-end deadline.

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The five-day losing streak for the Dow Jones industrial average was the longest since July.

The Dow dropped 158.20 points to 12,938.11 points, with losses accelerating in the last 20...
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