Wall Street inches up as Obama to return to "cliff'"debate


NEW YORK (Reuters) - Stocks edged higher on Wednesday as President Barack Obama cut short his vacation and readied to return to Washington a day ahead of last-minute talks to avert a series of tax increases and government spending cuts set to begin next week.


The Dow Jones industrial average <.dji> gained 22.33 points, or 0.17 percent, to 13,161.41. The Standard & Poor's 500 Index <.spx> gained 1.68 points, or 0.12 percent, to 1,428.34. The Nasdaq Composite Index <.ixic> dropped 0.30 points, or 0.01 percent, to 3,012.30.


(Reporting By Edward Krudy; Editing by Chizu Nomiyama)



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