Wall Street Opens Flat With Earnings, Economic Data in Focus

Wall Street Opens Flat With Earnings, Economic Data in Focus
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City on Feb. 7, 2024. Brendan McDermid/Reuters
Reuters
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Wall Street’s main indexes opened flat on Thursday following earnings reports from Walt Disney and Spirit Airlines, while investors also assessed softer-than-expected jobs data and remarks from policymakers on interest rate cuts.

The Dow Jones Industrial Average rose 42.09 points, or 0.1 percent, at the open to 38,719.45.

The S&P 500 opened higher by 1.44 points, or 0.03 percent, at 4,9993.62, while the Nasdaq Composite gained 3.82 points, or 0.02 percent, to 15,760.45 at the opening bell.