NEW YORK, Dec 3 (Reuters) - U.S. stocks trimmed losses and the Nasdaq turned positive on Friday after data on factory orders was slightly better than expected and an industry report showed the services sector grew for an 11th straight month.
* The Dow Jones industrial average dropped 5.03 points, or 0.04 percent, to 11,357.38. The Standard & Poor's 500 Index shed 1.17 points, or 0.10 percent, to 1,220.36. The Nasdaq Composite Index gained 1.42 points, or 0.06 percent, to 2,580.77.