While you were sleeping It's about the economy, stupid

Mon, 11 Feb 2013

By Margreet Dietz Feb 12 (BusinessDesk) - All eyes are on President Barack Obama's annual State of the Union address, the first in his second term in office, Tuesday evening. In afternoon trading in New York, the Dow Jones Industrial Average and the Nasdaq Composite Index both dipped 0.20 percent, while the Standard & Poor's 500 Index slipped 0.09 percent. The Dow fell from the highest close in 12 years on Friday, while the S&P 500 slid from a five-year high. US Treasuries were also steady, with the 10-year bond yield last up 1 basis point t...

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