NEW YORK Dec 27 U.S. stocks were flat at the
open on Thursday as U.S. President Barack Obama returned to
Washington to restart negotiations in an attempt to find a last
minute deal to avoid a series of tax hikes and spending cuts due
to take place next week.
The Dow Jones industrial average dropped 1.30 points,
or 0.01 percent, to 13,113.29. The Standard & Poor's 500 Index
dropped 0.54 points, or 0.04 percent, to 1,419.29. The
Nasdaq Composite Index dropped 2.35 points, or 0.08
percent, to 2,987.81.