Wall St opens flat as earnings deluge looms

US stocks opened flat on Monday as investors found few reasons to keep buying following a strong rally last week and ahead of a heavy week of corporate earnings.

The Dow Jones industrial average rose 12 points or 0.07%, to 16,420.54, the S&P 500 gained 0.89 points or 0.05%, to 1,865.74 and the Nasdaq Composite added 7.013 points or 0.17%, to 4,102.529.