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US: Wall Street opens flat, investors shrug off bank results

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US stocks opened flat on Wednesday as trade worries and concerns about the balance of monetary policy and growth outweighed solid results from Bank of America and a boost to chipmakers from Dutch company ASML.

[NEW YORK] US stocks opened flat on Wednesday as trade worries and concerns about the balance of monetary policy and growth outweighed solid results from Bank of America and a boost to chipmakers from Dutch company ASML.

The Dow Jones Industrial Average fell 14.72 points, or 0.05 per cent, at the open to 27,320.91.

The S&P 500 opened higher by 1.06 points, or 0.04 per cent, at 3,005.10. The Nasdaq Composite gained 1.20 points, or 0.01 per cent, to 8,224.00 at the opening bell. 

REUTERS