Sept 25 (Reuters) - U.S. stocks dipped in choppy trading on Wednesday, with the S&P 500 eyeing a fifth day of losses, as a lack of progress in budget negotiations in Washington puzzled investors. The Dow Jones industrial average fell 5.46 points, or 0.04 percent, to 15,329.13, the S&P 500 lost 1.17 points, or 0.07 percent, to 1,696.25 and the Nasdaq Composite dropped 1.958 points, or 0.05 percent, to 3,766.296. ** J.C. PENNEY CO INC, $10.21, down 14 pct ...
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