Wall Street dips at open on "cliff" overhang


NEW YORK (Reuters) - Wall Street dipped at the open on Friday as investors digested the latest round of economic data, while concerns about a lack of progress by politicians in ongoing fiscal negotiations remained at the forefront.


The Dow Jones industrial average <.dji> dropped 7.22 points, or 0.05 percent, to 13,163.50. The Standard & Poor's 500 Index <.spx> dropped 3.65 points, or 0.26 percent, to 1,415.80. The Nasdaq Composite Index <.ixic> dropped 16.49 points, or 0.55 percent, to 2,975.67.


(Reporting by Chuck Mikolajczak; Editing by James Dalgleish)



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Wall Street dips at open on "cliff" overhang