Stocks Slip on ‘Cliff’ and Euro-zone Concerns

U.S. stocks began trading lower on Tuesday on anxiety about the approaching “fiscal cliff” in the U.S. and the failure of euro-area leaders to reach agreement on how Greece would pay its debt. The Dow Jones Industrial Average fell 8.83 points, or 0.07%, to  12,806.25. The S&P 500 index shed 1.21 points, or 0.09%, to 1,378.82. The Nasdaq Composite lost 10.43 points, or 0.36%, to 2,893.83.

European Union finance ministers were expected on Tuesday to seek ways to overcome differences over how to regulate European banks following a sharp and public disagreement about making Greece’s debts sustainable into the next decade.

The executive most widely tipped to be the next chief executive of Microsoft Corp (NSQ:MSFT) has left the world’s largest software maker barely two weeks after launching the flagship Windows 8, as CEO Steve Ballmer moved to tighten his grip on the company.

Police in the Central American nation of Belize said Saturday that they are looking for the founder of the software company McAfee Inc. to question him about the slaying of another U.S. citizen, his neighbor in an island town on the Caribbean.

The Pentagon’s No. 1 supplier, Lockheed Martin Corp (LMT.N), on Monday cited dramatic growth in the number and sophistication of international cyber attacks on its networks and said it was contacting suppliers to help them shore up their security.

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