Wall Street little changed in post-Christmas session

[NEW YORK] Wall Street indexes opened nearly flat in light post-Christmas trading on Friday (Dec 26), while investors bet that more interest rate cuts and strong corporate earnings would propel markets to fresh highs next year.

At 09.30 am ET, the Dow Jones Industrial Average fell 7.15 points, or 0.01 per cent, to 48,724.01.

The S&P 500 gained 6.25 points, or 0.09 per cent, to 6,938.30, and the Nasdaq Composite rose 32.06 points, or 0.10 per cent, to 23,645.37. REUTERS