Stocks Opened Little Changed
- Friday, May 11, 2018, 9:58
- Stock Market
- Add a comment
U.S. stocks opened little changed on Friday as losses in Symantec and Nvidia offset gains in healthcare and telecom sectors. The Dow Jones Industrial Average lately rose 78.77 points, or 0.32%, to 24,818.30. The S&P 500 added 3.17 points, or 0.12%, to 2,726.24. The Nasdaq Composite dropped 11.18 points, or 0.15%, to 7,393.79.
Oil prices were mainly flat Friday, hovering near the more-than-three-year highs reached. June West Texas Intermediate crude oil tacked on 18 cents, or 0.3%, to $71.55 a barrel. Brent crude was up 3 cents to $77.50 a barrel.
U.S. import prices rose less than expected in April as a rebound in the cost of petroleum products was tempered by a drop in food prices, the latest indication that inflation pressures were increasing moderately.The Labor Department said on Friday import prices rose 0.3 percent last month.
About the Author
Write a Comment
Gravatars are small images that can show your personality. You can get your gravatar for free today!
You must be logged in to post a comment.