The SP 500 and Nasdaq eked out gains at open on Monday as February#039s benig...
FILE PHOTO: Traders work on the floor at the post where Boeing is traded at the New York Stock Exchange (NYSE) in New York, U.S., March 11, 2019. REUTERS/Brendan McDermid
(Reuters) - The S&P 500 and Nasdaq eked out gains at open on Monday as February’s benign inflation data supported the Federal Reserve’s “patient” approach towards further rate hikes, while a second day of losses in Boeing pressured the Dow.
The Dow Jones Industrial Average fell 50.58 points, or 0.20 percent, at the open to 25,600.30.
The S&P 500 opened higher by 4.04 points, or 0.15 percent, at 2,787.34. The Nasdaq Composite gained 13.79 points, or 0.18 percent, to 7,571.85 at the opening bell.