NEW YORK (Reuters) - 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 <.DJI> dropped 1.30 points, or 0.01 percent, to 13,113.29. The Standard & Poor's 500 Index <.SPX> dropped 0.54 points, or 0.04 percent, to 1,419.29. The Nasdaq Composite Index <.IXIC> dropped 2.35 points, or 0.08 percent, to 2,987.81.
(Reporting By Edward Krudy; Editing by Kenneth Barry)
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