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.
Leave a Reply
You must be logged in to post a comment.