U.S. Stocks Open Little-changed, Still Set To End Week Higher
U.S. stocks opened marginally lower on Friday, and were set to snap a six-day win streak, as investors appeared reluctant to make big bets ahead of a long holiday weekend. U.S. markets will be closed on Monday in observance of Memorial Day. The main indexes were on track to book solid weekly gains. The S&P 500 opened 2 points, or 0.1%, lower at 2,412. The Nasdaq Composite was down 5 2 points, or 0.1%, to 6,200 at the open. The Dow Jones Industrial Average began the session down 11 points, or less than 0.1%, at 21,072. Among the early gainers on Wall Street, Ulta Beauty Inc. rose nearly 4% after reporting earnings results late Thursday.
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