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Wall Street opens flat as investors await big earnings


By Tanya AgrawalREUTERS - U.S. stocks opened little changed and held steady at record levels on Monday as investors turned their focus to a busy earnings week from big U.S. companies.Microsoft, IBM and Johnson and Johnson are scheduled to report results this week.Netflix, which will report results after the market close on Monday, rose 0.8 percent in early trading.Analysts estimate second-quarter earnings for the S&P 500 companies rose 8.1 percent from a year earlier. First-quarter earnings posted their best performance since 2011, according to Thomson Reuters data.Earnings will be closely ...

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First Published: Mon, July 17 2017. 19:23 IST