US stocks flat as 21st Century Fox, Tesla fall


NEW YORK: US stocks opened little changed Thursday, as big declines in 21st Century Fox, Tesla Motors and some other companies following earnings reports halted the market’s advance.

Five minutes into trade, the Dow Jones Industrial Average was at 17,535.46, down 5.01 points (0.03 percent).

The broad-based S&P 500 added 0.94 (0.04 percent) at 2,100.78, while the tech-rich Nasdaq Composite Index shed 1.04 (0.02 percent) at 5,138.90.

Source: AFP

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