Wall St opens flat, but on track for strong May

The Dow Jones industrial average fell 19.74 points or 0.12%, to 16,679, the S&P 500 lost 1.37 points or 0.07%, to 1,918.66

US stocks opened flat on Friday, with the S&P 500 coming off another record close, as data showed consumer spending fell for the first time in a year in April.

The Dow Jones industrial average fell 19.74 points or 0.12%, to 16,679, the S&P 500 lost 1.37 points or 0.07%, to 1,918.66 and the Nasdaq Composite added 3.04 points or 0.07%, to 4,250.99.

For the week, the Dow is up 0.5%, the S&P is up 1% and the Nasdaq is up 1.6%. For the month of May, the Dow is up 0.6%, the S&P is up 1.8% and the Nasdaq is up 3.3%.