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US: Wall St opens flat; indexes set for down week

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[NEW YORK] US stocks opened flat on Friday, with indexes set for a sharp weekly decline, as investors awaited a speech by Federal Reserve Chair Janet Yellen.

The Dow Jones industrial average rose 1.13 points, or 0.01 per cent, to 17,679.36, the S&P 500 gained 0.31 points, or 0.02 per cent, to 2,056.46 and the Nasdaq Composite added 2.98 points, or 0.06 per cent, to 4,866.35.

For the week, the Dow is down 2.4 per cent, the S&P is down 2.4 per cent and the Nasdaq is down 3.1 per cent.

REUTERS