Stocks Pare Losses as House Plans to Convene on 'Fiscal Cliff'
The benchmark 10-year Treasury was trading at 1.72%, down 3 basis points. The U.S. dollar index was at 79.64.
Among the most active stocks was Marvell Technology Group (MRVL) , which was ordered by a judge to pay $1.17 billion for infringing patents on integrated-circuit technology held by Carnegie Mellon University. The stock fell 26 cents, or 3.5%, to $7.14.
Bank of America dropped 0.6%, Ford slipped 0.2%, Research In Motion declined 0.6%, and Nokia decreased 1.2%.
Bank of America, Ford and Research In Motion were among the biggest gainers Wednesday.
-- Written by Parris Kellermann
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