<p>Wall Street opened flat on Friday (November 30), amid caution ahead of a statement from U.S. President Barack Obama on the progress of budget talks in Washington that have fueled volatility and nervousness in the financial markets.<br /><br />Consumer spending fell in October for the first time in five months and income growth stalled, leading some economists to cut already weak estimates of fourth-quarter economic growth.<br /><br />The Dow Jones industrial average gained 5.45 points, or 0.04 percent, to 13,027.27. The Standard & Poor's 500 Index dropped 0.51 points, or 0.04 percent, to 1,415.44. The Nasdaq Composite Index gained 0.07 points, or 0.00 percent, to 3,012.10.</p>
