Tuesday 27 November 2012

Market opens down on "fiscal cliff" caution

NEW YORK (Reuters) - Stocks opened slightly lower on as worry over the threat to the economy posed by the "fiscal cliff" offset optimism from a deal to ease Greece's debt burden.

The Dow Jones industrial average <.dji> dropped 33.02 points, or 0.25 percent, to 12,934.35. The Standard & Poor's 500 Index <.spx> shed 2.58 points, or 0.18 percent, to 1,403.71. The Nasdaq Composite Index <.ixic> lost 4.07 points, or 0.14 percent, to 2,972.71.

(Reporting by Chuck Mikolajczak; Editing by Kenneth Barry)

Source: http://news.yahoo.com/stock-index-futures-signal-slightly-higher-open-093032330--finance.html

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