4:16 AM MYT NEW YORK, Dec. 29 (Xinhua) The U.S. dollar fell in late trading on Tuesday as market participants assessed the possibility of more fiscal stimulus. The dollar index, which measures the greenback against six major peers, was down 0.39 percent at 89.9900 in late trading. In late New York trading, the euro was up to 1.2252 U.S. dollars from 1.2206 dollars in the previous session, and the British pound was up to 1.3497 dollars from 1.3444 U.S. dollars in the previous session. The Australian dollar rose to 0.7610 U.S. dollar from 0.7576 dollar. The U.S. dollar bought 103.52 Japanese yen, lower than 103.83 Japanese yen of the previous session. The U.S. dollar was down to 0.8845 Swiss franc from 0.8896 Swiss franc, and it decreased to 1.2811 Canadian dollars from 1.2842 Canadian dollars.
NEW YORK, Dec. 29 (Xinhua) Wall Street s major averages reversed earlier gains to finish lower on Tuesday as investors assessed the possibility of larger U.S. fiscal stimulus. The Dow Jones Industrial Average fell 68.30 points, or 0.22 percent, to 30,335.67. The S&P 500 decreased 8.32 points, or 0.22 percent, to 3,727.04. The Nasdaq Composite Index was down 49.20 points, or 0.38 percent, to 12,850.22. Earlier in the session, all the three major indexes rose to record highs. Nine of the 11 primary S&P 500 sectors end in red, with real estate up 0.71 percent, leading the laggards. Health care and consumer discretionary eked out modest gains. U.S.-listed Chinese companies traded mostly higher with eight of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on an upbeat note.