Wall St opens flat after selloff
NEW YORK (Reuters) - U.S. stocks opened flat on Thursday as investors continued to worry about the looming fiscal cliff debate even as data showed new claims for unemployment benefits unexpectedly fell last week.
The Dow Jones industrial average was up 1.00 point, or 0.01 percent, at 12,933.73. The Standard & Poor's 500 Index was up 1.23 points, or 0.09 percent, at 1,395.76. The Nasdaq Composite Index was up 8.46 points, or 0.29 percent, at 2,945.75.
Equities dropped more than 2 percent in Wednesday's session, the biggest daily decline for the S&P 500 since June.
(Reporting by Ryan Vlastelica; Editing by James Dalgleish)
- Tweet this
- Share this
- Digg this
Trending On Reuters
Prime Minister Narendra Modi will offer island nations in the Indian Ocean a broad range of military and civilian assistance next week in a bid to wrest back some of the influence China has gained by spending billions of dollars in the region. Full Article