Wall St opens flat after Caterpillar, data
NEW YORK (Reuters) - U.S. stocks opened flat on Monday following strong durable goods data and results from Caterpillar (CAT.N) as investors paused after a rally that took the S&P 500 above 1,500 for the first time in more than five years.
The Dow Jones industrial average gained 14.97 points, or 0.11 percent, to 13,910.95. The Standard & Poor's 500 Index gained 0.02 points to 1,502.98. The Nasdaq Composite Index gained 2.62 points, or 0.08 percent, to 3,152.33.
(Reporting by Chuck Mikolajczak)
- Tweet this
- Share this
- Digg this
Wipro posted a 29 percent rise in its fourth-quarter net profit, beating expectations, helped by increased IT spending by its customers. For the quarter ended March 31, the company said it earned 22.27 billion rupees compared with 17.29 billion rupees a year earlier.. Full Article | Full Coverage