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Wall Street opens flat after selloff

S&P 500 suffered its worst weekly drop since May 2012

Reuters New York

US stocks opened flat on Monday after the S&P 500 suffered its worst weekly drop since May 2012 and the Dow moved into negative territory for the year on global growth concerns.

The Dow Jones industrial average fell 21.77 points, or 0.13 percent, to 16,522.33, the S&P 500 lost 2.11 points, or 0.11 percent, to 1,904.02 and the Nasdaq Composite dropped 2.81 points, or 0.07 percent, to 4,273.43.

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First Published: Oct 13 2014 | 7:06 PM IST

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