Stocks Succumb to Late Selloff
Also, the National Federation of Independent Business reported that its small-business optimism index rose to 93.1 in October from 92.8 in September, compared with the average analyst expectation of a print of 92.5.
The federal budget for October came in at a deficit of $120 billion, wider than expectations for a $113 billion deficit.
The FTSE 100 in London settled up 0.32%, while the DAX in Germany finished up 0.08% on Tuesday. Japan's Nikkei average settled down 0.18% and Hong Kong's Hang Seng closed lower by 1.13%.
The ZEW German economic-expectations index showed a decline in November versus the forecasts for an improvement.Gold for December delivery slid $6.10 to settle at $1,724.80 an ounce at the Comex division of the New York Mercantile Exchange, while December crude oil contracts fell 19 cents to close at $85.38. The benchmark 10-year Treasury was unchanged, stalling the yield at 1.594%. The dollar was up incrementally, according to the
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