12/23/2016, 3:50 PM (Source: TeleTrader)
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Wall Street opens flat ahead of Christmas

Markets in the United States opened flat as traders get ready to take a break during the Christmas holidays. Just before the holiday break, the investors will focus on the U.S. new homes sales data and the Baker Hughes oil rig count due to be released later in the day.

The Dow Jones inched down 0.04% at 3:30 p.m. CET.

The Nasdaq 100 decreased 0.07% at 3:31 p.m. CET. Cintas was the worst performer, declining 3.07% at 3:34 p.m. CET.

The S&P 500 was almost flat, 0.01% in the green at 3:36 p.m. CET. Clothing retailer Gap and department store chain Nordstrom recorded the biggest gains, rising 1.91% and 1.82% at 3:34 p.m. CET.

The dollar index edged up 0.06% to 103.14 at 3:30 p.m. CET. The greenback fell 0.19% against the yen to go for 117.360 at 3:32 p.m. CET and it was almost flat compared to the euro. Sterling lost 0.31% against the U.S. currency to sell for 1.2248 at 3:33 p.m. CET.

Breaking the News / NP