News Summary: Stocks fall as budget talks slow

News Summary: Stocks fall as Senate Leader says budget talks are making little progress

Associated Press

'HAPPY TALK' ISN'T HELPING: Stocks fell after Senate Majority Leader Harry Reid said little progress was being made on budget talks. Lawmakers had to move beyond "happy talk" and begin addressing specific issues, Reid said.

GREECE DEAL: Stocks had crept higher earlier in the day, after Greece's partners in the euro currency and the International Monetary Fund agreed to release funds the country needs to avoid bankruptcy.

HIGH CONFIDENCE: Reports showing increases in U.S. consumer confidence and orders for machinery and equipment also failed to boost stocks significantly.

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