US STOCKS-Wall St opens flat after Monday's run-up

Tue Jul 14, 2009 9:41am EDT
 
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 NEW YORK, July 14 (Reuters) - U.S. stocks opened little
changed on Tuesday as investors paused following a strong
run-up in the previous session and after government data
pointed to a slower than expected recovery in consumer spending
in June.
 * Even though Goldman Sachs Group (GS.N) posted a solid
quarterly profit, investors kept the stock near break-even at
the open after strong gains a day earlier.
 * The Dow Jones industrial average .DJI was up 24.10
points, or 0.29 percent, at 8,355.78. The Standard & Poor's 500
Index .SPX was up 3.58 points, or 0.40 percent, at 904.63.
The Nasdaq Composite Index .IXIC was up 4.35 points, or 0.24
percent, at 1,797.56.
 (Reporting by Ellis Mnyandu; Editing by Padraic Cassidy)

 

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