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Wall Street opens flat as weak oil prices offset earnings enthusiasm
Published On: Mon, Jul 16th, 2018

Wall Street opens flat as weak oil prices offset earnings enthusiasm


(Reuters) – U.S. stocks opened flat on Monday as losses in energy shares due to lower oil prices offset gains in the financial sector after a robust quarterly report from Bank of America.

FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 6, 2018. REUTERS/Brendan McDermid

The Dow Jones Industrial Average .DJI rose 6.17 points, or 0.02 percent, at the open to 25,025.58. The S&P 500 .SPX opened higher by 0.12 points, or 0.00 percent, at 2,801.43. The Nasdaq Composite .IXIC gained 5.76 points, or 0.07 percent, to 7,831.74 at the opening bell.

Reporting by Amy Caren Daniel in Bengaluru; Editing by Arun Koyyur



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Wall Street opens flat as weak oil prices offset earnings enthusiasm