U.S. Futures Pare Dec. 28 Drop, Oil Falls on Cliff Talks I

U.S. Futures Pare Dec. 28 Drop, Oil Falls on Cliff Talks I

Scott Eells/Bloomberg

Traders work on the floor of the New York Stock Exchange in New York. The Standard & Poor’s 500 Index slipped 1.9 percent last week amid concerns lawmakers weren’t making progress on a budget deal.