US: Wall St muted at open as investors await more policy cues

US STOCKS were subdued at open on Monday (Nov 27), ahead of a key inflation reading and commentary from Federal Reserve policymakers later in the week, while retailers were in focus as holiday shopping picked up steam with Cyber Monday deals.

The Dow Jones Industrial Average fell 13.71 points, or 0.04 per cent, at the open to 35,376.44.

The S&P 500 opened lower by 4.48 points, or 0.10 per cent, at 4,554.86, while the Nasdaq Composite dropped 11.55 points, or 0.08 per cent, to 14,239.31 at the opening bell. REUTERS