Market recap: Stocks recovered nearly all their early losses following news Congress will...
Thursday, December 27, 2012, 4:10 PM ETMarket recap: Stocks recovered nearly all their early losses following news Congress will reconvene Sunday evening to resume fiscal cliff talks and conflicting reports Pres. Obama may have offered a new proposal to Republicans. But the budget uncertainty is weighing on consumer confidence, which sank to its lowest level since August. Other data on new home sales and jobless claims were more upbeat.