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Wall Street opens lower as "cliff" concerns weigh

Source : REUTERS
Last Updated: Tue, Nov 13, 2012 14:40 hrs
Traders work on the floor of the New York Stock Exchange

NEW YORK (Reuters) - U.S. stocks dipped at the open on Tuesday, hobbled by "fiscal cliff" concerns as an upcoming debate in Congress over solving the nation's budget problems kept investors from making aggressive bets.

The Dow Jones industrial average dropped 65.58 points, or 0.51 percent, to 12,749.50. The Standard & Poor's 500 Index lost 7.92 points, or 0.57 percent, to 1,372.11. The Nasdaq Composite Index fell 26.35 points, or 0.91 percent, to 2,877.91. (Reporting by Chuck Mikolajczak; Editing by James Dalgleish)




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