Wall Street opens flat, Oracle gains

US stocks opened little changed on Wednesday as investors awaited data on the housing market a day after the S&P 500 snapped a three-day winning streak.

The Dow Jones Industrial Average was up 14.15 points, or 0.11%, at 13,184.34. The Standard & Poor's 500 Index was up 1.32 points, or 0.09%, at 1,406.84. The Nasdaq Composite Index was up 5.41 points, or 0.18%, at 3,079.56.

Equities fell for the first time in four sessions and second in the past ten on Tuesday as a warning about China's growth sparked selling in energy and industrial shares, although broad selling was minimal.

Oracle Corp advanced 3.2% to $31.09 after beating earnings estimates as new software sales came in at the high end of the company's forecast, offsetting a sharp drop in hardware revenue.