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Wall St opens down before talks on 'cliff' deal

Source : REUTERS
Last Updated: Fri, Dec 28, 2012 14:50 hrs
The Wall Street sign is seen near the New York Stock Exchange

NEW YORK (Reuters) - U.S. stocks fell at the open on Friday as President Barack Obama and top lawmakers planned to make a last-ditch attempt at a budget deal to prevent the United States from going over the "fiscal cliff."

The Dow Jones industrial average <.DJI> dropped 76.30 points, or 0.58 percent, to 13,020.01. The Standard & Poor's 500 Index <.SPX> dropped 8.93 points, or 0.63 percent, to 1,409.17. The Nasdaq Composite Index <.IXIC> dropped 19.94 points, or 0.67 percent, to 2,965.97.

(Reporting By Edward Krudy; Editing by Kenneth Barry)




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