Edition:
United States
Pictures | Fri Dec 28, 2012 | 5:42pm EST

Global stocks drop, dollar up as "cliff" deadline looms

An employee of a foreign exchange trading company looks at monitors as a television set shows Japan's incoming Prime Minister and the leader of Liberal Democratic Party (LDP) Shinzo Abe speaking in Tokyo December 26, 2012. The yen fell to a 20-month low against the dollar on Wednesday, buoying the benchmark Nikkei stock average, as Japan ushers in a new prime minister eager to pursue drastic stimulus steps to drive the country's economy out of deflation. REUTERS/Yuriko Nakao

An employee of a foreign exchange trading company looks at monitors as a television set shows Japan's incoming Prime Minister and the leader of Liberal Democratic Party (LDP) Shinzo Abe speaking in Tokyo December 26, 2012. The yen fell to a 20-month...more

An employee of a foreign exchange trading company looks at monitors as a television set shows Japan's incoming Prime Minister and the leader of Liberal Democratic Party (LDP) Shinzo Abe speaking in Tokyo December 26, 2012. The yen fell to a 20-month low against the dollar on Wednesday, buoying the benchmark Nikkei stock average, as Japan ushers in a new prime minister eager to pursue drastic stimulus steps to drive the country's economy out of deflation. REUTERS/Yuriko Nakao
Close
1 / 4
A visitor walks near the logo of the Tokyo Stock Exchange in Tokyo November 5, 2012. REUTERS/Issei Kato

A visitor walks near the logo of the Tokyo Stock Exchange in Tokyo November 5, 2012. REUTERS/Issei Kato

A visitor walks near the logo of the Tokyo Stock Exchange in Tokyo November 5, 2012. REUTERS/Issei Kato
Close
2 / 4
Traders work on the floor of the New York Stock Exchange, December 14, 2012. REUTERS/Brendan McDermid

Traders work on the floor of the New York Stock Exchange, December 14, 2012. REUTERS/Brendan McDermid

Traders work on the floor of the New York Stock Exchange, December 14, 2012. REUTERS/Brendan McDermid
Close
3 / 4
Traders are pictured at their desk in front of the DAX board at the Frankfurt stock exchange December 13, 2012. REUTERS/Remote/Pawel Kopczynski

Traders are pictured at their desk in front of the DAX board at the Frankfurt stock exchange December 13, 2012. REUTERS/Remote/Pawel Kopczynski

Traders are pictured at their desk in front of the DAX board at the Frankfurt stock exchange December 13, 2012. REUTERS/Remote/Pawel Kopczynski
Close
4 / 4

Next Slideshows

Wall Street ends sour week with 5th straight decline

NEW YORK (Reuters) - Stocks fell for a fifth straight day on Friday, dropping 1 percent and marking the S&P 500's longest losing streak in three months as the...

Dec 28 2012

Fisker sues XL over hybrid cars wrecked by Superstorm Sandy

NEW YORK (Reuters) - Fisker Automotive has sued XL Group Plc after being denied insurance coverage over flooding from Superstorm Sandy that destroyed 338 of...

Dec 28 2012

Apple to drop patent claims against new Samsung phone

SAN FRANCISCO (Reuters) - Apple Inc has agreed to withdraw patent claims against a new Samsung phone with a high-end display after Samsung said it was not...

Dec 28 2012

Housing, factory data point to momentum in economy

WASHINGTON (Reuters) - Contracts for U.S. home resales hit a 2-1/2-year high in November and factory activity in the Midwest expanded this month, suggesting...

Dec 28 2012

MORE IN PICTURES

Tesla unveils Semi and Roadster

Tesla unveils Semi and Roadster

Tesla debuts an electric heavy duty truck and new $200,000 sports car.

Delhi's toxic smog

Delhi's toxic smog

A thick cloud of toxic smog 12 times the recommended limit has enveloped India's capital New Delhi.

Kenyan opposition leader returns

Kenyan opposition leader returns

Kenyan police try to disperse supporters cheering a convoy carrying opposition leader Raila Odinga from the airport to central Nairobi.

Best of the Latin Grammys

Best of the Latin Grammys

Highlights from the 18th Latin Grammy Awards in Las Vegas.

Latin Grammy red carpet

Latin Grammy red carpet

Fashion and style from the Latin Grammy Awards.

Photos of the week

Photos of the week

Our top photos from the past week.

Army takes control in Zimbabwe

Army takes control in Zimbabwe

Zimbabwe's military seizes power saying it was targeting "criminals" around President Robert Mugabe, the only ruler the country has known in its 37 years of independence.

Deadly flash floods in Greece

Deadly flash floods in Greece

A raging torrent sweeps through towns west of Athens after heavy rains, killing at least 15 people.

Today in Sports

Today in Sports

Our top sports photography of the day.

Trending Collections

Pictures

Podcast