US stocks open flat to lower after hot economic data

Wall Street’s main indexes opened flat to lower on Thursday after the S&P 500 and the Nasdaq ended the previous session on a positive note, while investors parsed through hot economic data ahead of the Federal Reserve’s meeting.

The Dow Jones Industrial Average rose 20.1 points, or 0.05%, at the open to 44,168.66. The S&P 500 fell 9.9 points, or 0.16%, at the open to 6,074.29, while the Nasdaq Composite dropped 87.6 points, or 0.44%, to 19,947.336 at the opening bell.