NEW YORK U.S. stocks opened flat on Friday after disappointing economic data offset optimism following a Wall Street Journal report that White House officials were discussing taking a more flexible approach in negotiations over the "fiscal cliff."
The Dow Jones industrial average gained 0.23 point to 12,542.61. The Standard & Poor's 500 Index added 0.24 point, or 0.02 percent, to 1,353.57. The Nasdaq Composite Index dropped 2.33 points, or 0.08 percent, to 2,834.60.
(Reporting by Chuck Mikolajczak; Editing by Kenneth Barry)
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Anil Ambani's Reliance Group has never made a military helicopter, missile system or submarine in its history but that isn't stopping the Indian tycoon from seeking to win contracts to manufacture all of that military hardware and more. Full Article