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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The U.S. Department of Justice (DoJ) has subpoenaed India's largest drugmaker Sun Pharmaceutical Industries Ltd seeking information about the pricing and marketing of the generic drugs it sells in the United States, the company said on Saturday. Full Article