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Wall Street opens flat as gains in retail stocks offset losses in energy shares

Posted by: Admin | Posted on: May 16th, 2018 | 0 Comments

(Reuters) – Wall Street opened little changed on Wednesday as gains in retail stocks led by Macy’s (M.N) offset losses in energy and financial shares.The Dow Jones Industrial Average .DJI rose 15.91 points, or 0.06 percent, at the open to 24,722.32. The SP 500 .SPX opened higher by 1.17 points, or 0.04 percent, at 2,712.62. The Nasdaq Composite .IXIC gained 4.59 points, or 0.06 percent, to 7,356.22 at the opening bell.

FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 2, 2018. REUTERS/Brendan McDermid

Reporting by Medha Singh in Bengaluru; Editing by Anil D’Silva

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