October 24, 2018 / 1:37 PM / a month ago

US STOCKS SNAPSHOT-Boeing props up Dow at open, but chipmakers pose headwind

Oct 24 (Reuters) - Dow opened flat on Wednesday after Boeing’s profit forecast eased worries of slowing corporate profits, but dim outlook from other China-reliant companies, including chipmakers, kept the pressure on the S&P and Nasdaq.

The Dow Jones Industrial Average fell 18.55 points, or 0.07 percent, at the open to 25,172.88.

The S&P 500 opened lower by 2.82 points, or 0.10 percent, at 2,737.87. The Nasdaq Composite dropped 14.33 points, or 0.19 percent, to 7,423.21 at the opening bell. (Reporting by Amy Caren Daniel in Bengaluru; Editing by Arun Koyyur)

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