Wall Street opens lower on 'cliff' worry

NEW YORK Wed Nov 28, 2012 8:11pm IST

A holiday decoration is seen over Wall St. sign outside the New York Stock Exchange, November 27, 2012. REUTERS/Brendan McDermid

A holiday decoration is seen over Wall St. sign outside the New York Stock Exchange, November 27, 2012.

Credit: Reuters/Brendan McDermid

Related Topics

Inside the Peshawar school

Inside the Peshawar school

The aftermath inside the Pakistan school where at least 132 students and nine staff members were killed by Taliban gunmen.  Pictures 

NEW YORK (Reuters) - U.S. stocks opened lower on Wednesday, putting the S&P 500 on track for a third consecutive decline, as investors remained on edge given the lack of details on U.S. budget, or so-called fiscal cliff, talks.

The Dow Jones industrial average dropped 53.22 points, or 0.41 percent, to 12,824.91. The Standard & Poor's 500 Index dropped 7.44 points, or 0.53 percent, to 1,391.50. The Nasdaq Composite Index dropped 15.70 points, or 0.53 percent, to 2,952.09.

(Reporting by Chuck Mikolajczak; Editing by Kenneth Barry)

FILED UNDER:

Economic Pulse

REUTERS SHOWCASE

Hope for SpiceJet

Hope for SpiceJet

Former SpiceJet owner leading rescue plan: reports.  Full Article 

Oil Prices

Oil Prices

Oil rallies above $60, heads for 4th weekly decline on glut.  Full Article 

New Airline

New Airline

Tata, Singapore Air venture Vistara to take off on Jan 9.  Full Article 

Reuters Exclusive

Reuters Exclusive

Google aiming to go straight into car with next Android – sources.  Full Article 

Chinese Economy

Chinese Economy

China revises up size of 2013 economy, sees no effect on 2014 growth.  Full Article 

Reuters Poll

Reuters Poll

BSE Sensex to hit 32,980 by December 2015  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage