Wall Street subdued at open ahead of U.S. business surveys

imageStock Markets5 minutes ago (Aug 21, 2020 09:40AM ET)

(C) Reuters. FILE PHOTO: The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City

(Reuters) – U.S. stocks opened little changed on Friday following the tech-heavy Nasdaq’s all-time high in the previous session as focus shifted to business surveys for more cues on the economic recovery.

The Nasdaq Composite (IXIC) dropped 6.51 points, or 0.06%, to 11,258.45 at the opening bell.

The Dow Jones Industrial Average (DJI) rose 18.40 points, or 0.07%, at the open to 27,758.13. The S&P 500 (SPX) opened higher by 0.50 points, or 0.01%, at 3,386.01.

Wall Street subdued at open ahead of U.S. business surveys

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