US STOCKS SNAPSHOT-Wall St falls at open on banks

NEW YORK, Nov 3 (Reuters) - U.S. stocks fell at the open on Tuesday as concerns over European banks outweighed a deal by Warren Buffett's Berkshire Hathaway to buy railroad company Burlington Northern.

The Dow Jones industrial average .DJI was down 79.58 points, or 0.81 percent, at 9,709.86. The Standard & Poor's 500 Index .SPX fell 8.45 points, or 0.81 percent, at 1,034.43. The Nasdaq Composite Index .IXIC slid 17.01 points, or 0.83 percent, at 2,032.19.

In its largest-ever acquisition, Berkshire Hathaway Inc (BRKa.N: Quote, Profile, Research) will pay $26 billion for Burlington Northern Santa Fe Corp (BNI.N: Quote, Profile, Research). For details see [ID:nN03483590].

But the broader market was hit after Swiss lender UBS AG (UBSN.VX: Quote, Profile, Research)(UBS.N: Quote, Profile, Research) posted its fourth consecutive quarterly loss and Britain's Royal Bank of Scotland Plc (RBS.L: Quote, Profile, Research) and Lloyds Banking Group Plc (LLOY.L: Quote, Profile, Research) agreed to sell hundreds of branches and key businesses to appease European Union concerns over state aid and competition. [ID:nL2713325] and [ID:nL3638494]

(Reporting by Angela Moon, Editing by Jeffrey Benkoe)