Business Standard

Wall Street flat with earnings in focus

Image

Reuters NEW YORK

NEW YORK (Reuters) - Wall Street closed flat on Monday as lackluster earnings reports from McDonald's and others fed concerns equities were overpriced and kept the S&P 500 from building significantly on last week's record high.

The Dow Jones industrial average fell 8.09 points or 0.05 percent, to 15,391.56, the S&P 500 gained 0.07 points or 0 percent, to 1,744.57 and the Nasdaq Composite added 5.771 points or 0.15 percent, to 3,920.049.

(Reporting by Chuck Mikolajczak; Editing by Nick Zieminski)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 22 2013 | 1:50 AM IST

Explore News