US: Wall Street opens flat to lower after hot economic data

WALL Street’s main indexes opened flat to lower on Thursday (Dec 12) after the S&P 500 and the Nasdaq ended the previous session on a positive note, while investors parsed through hot economic data ahead of the Federal Reserve’s meeting.

The Dow Jones Industrial Average rose 20.1 points, or 0.05 per cent, at the open to 44,168.66.

The S&P 500 fell 9.9 points, or 0.16 per cent, at the open to 6,074.29, while the Nasdaq Composite dropped 87.6 points, or 0.44 per cent, to 19,947.336 at the opening bell. REUTERS