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US: Wall St opens flat after latest S&P record

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[NEW YORK] US stocks opened flat on Tuesday, with the S&P 500 holding near its record close from the previous session, as an increase in producer prices failed to cut into a trend of benign inflation.

The Dow Jones industrial average fell 0.57 points to hold flat to 17,647.18, the S&P 500 gained 1.02 points, or 0.05 per cent, to 2,042.34 and the Nasdaq Composite added 5.45 points, or 0.12 per cent, to 4,676.45.

REUTERS