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Wall Street opens flat following rally

NEW YORK (Reuters) - Stocks opened little changed on Thursday as investors took profit following a massive rally in the previous session.

The gains on Wednesday were spurred by a deal by U.S. lawmakers to avert a "fiscal cliff" of austerity measures that had been due to kick in this year.

The Dow Jones industrial average <.DJI> was down 10.83 points, or 0.08 percent, at 13,401.72. The Standard & Poor's 500 Index <.SPX> was down 1.51 points, or 0.10 percent, at 1,460.91. The Nasdaq Composite Index <.IXIC> was down 4.95 points, or 0.16 percent, at 3,107.31.

(Reporting by Ryan Vlastelica; Editing by Bernadette Baum)

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