U.S. Stocks Open Little-changed After French Election

The U.S. stock market opened nearly flat on Monday following Emmanuel Macron's closely watched presidential election victory in France on Sunday. A run-up in global stocks leading up to the polls suggested that investors fully priced in Macron victory. Shares of Coach Inc jumped after news that it will buy Kate Spade . Shares of Kate Spade also rallied. The S&P 500 flat at 2,399, near its record close set on Friday. The Nasdaq Composite was unchanged at 6,099 at the open. The Dow Jones Industrial Average began the session flat at 21,005.