US: Wall Street opens flat after GDP data, Meta forecast

WALL Street's main indexes opened flat on Thursday (Jul 28) after gloomy forecasts from Meta and Qualcomm and an early reading that showed the US economy contracted again in the second quarter.

The Dow Jones Industrial Average rose 0.03 points, or 0.00 per cent, at the open to 32,197.62.

The S&P 500 opened higher by 2.52 points, or 0.06 per cent, at 4,026.13, while the Nasdaq Composite gained 4.06 points, or 0.03 per cent, to 12,036.48 at the opening bell.