U.S. stocks opened little changed Wednesday after mixed earnings reports from banks. Goldman Sachs Group Inc. earnings were better than expected, however, Citibank revenues disappointed. Investors are also waiting for a speech by Federal Reserve Chairwoman Janet Yellen in the afternoon. The S&P 500 were off 2 points, or 0.1%, at 2,265, shortly after open. The Nasdaq Composite was flat at 5,537. The Dow Jones Industrial Average slipped 54 points or 0.3%, to 19,770.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News