US: S&P 500 opens flat as investors focus on earnings, Fed cues

THE benchmark S&P 500 index opened flat on Monday (Apr 17) as investors awaited more bank earnings and views from Federal Reserve policymakers that could shape expectations around when the central bank would pause its monetary policy tightening.

The Dow Jones Industrial Average rose 43.99 points, or 0.13 per cent, at the open to 33,930.46.

The S&P 500 opened lower by 0.47 points, or 0.01 per cent, at 4,137.17, while the Nasdaq Composite dropped 15.23 points, or 0.13 per cent, to 12,108.23 at the opening bell. REUTERS