The Business Times

US: Wall St opens flat as tech losses offset energy, Caterpillar gains

Published Mon, Jul 30, 2018 · 01:48 PM
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[NEW YORK] US stocks opened little changed on Monday as weakness in tech stocks offset gains in energy companies which rose on the back of higher oil prices and as industrials got a lift from Caterpillar's upbeat quarterly earnings.

The Dow Jones Industrial Average fell 11.74 points, or 0.05 per cent, at the open to 25,439.32.

The S&P 500 opened higher by 0.18 points, or 0.01 per cent, at 2,819.00. The Nasdaq Composite dropped 2.15 points, or 0.03 per cent, to 7,735.27 at the opening bell.

REUTERS

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