Stocks slip at open; housing data on tap

NEW YORK -

Stocks dipped at the open on Tuesday as equities continued to ease from multi-year highs as investors looked to upcoming economic data to help extend the central bank stimulus rally.

The Dow Jones industrial average <.DJI> dropped 28.88 points, or 0.21 percent, to 13,524.22. The Standard & Poor's 500 Index <.SPX> lost 3.32 points, or 0.23 percent, to 1,457.87. The Nasdaq Composite Index <.IXIC> fell 6.38 points, or 0.20 percent, to 3,172.29.

(Reporting by Chuck Mikolajczak; Editing by Kenneth Barry)