NEW YORK 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)
Pakistan faces challenges in building economic corridor with China: minister
DALIAN, China Pakistan faces some challenges in steering an ambitious plan to build an economic corridor with China despite the economic benefits for the country, Planning Minister Ahsan Iqbal said on Wednesday.