NEW YORK 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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In a rare interview India's former PM Manmohan Singh criticised his successor Narendra Modi's government for failing to take advantage of lower commodity prices to propel economic growth and an inconsistent policy towards neighbour Pakistan. Full Article