Wall Street subdued at open ahead of U.S. business surveys

BY MEDHA SINGH

U.S. stocks opened little changed on Friday following the tech-heavy Nasdaq’s all-time high in the previous session as focus shifted to business surveys for more cues on the economic recovery.

The Nasdaq Composite <.IXIC> dropped 6.51 points, or 0.06%, to 11,258.45 at the opening bell.

The Dow Jones Industrial Average <.DJI> rose 18.40 points, or 0.07%, at the open to 27,758.13. The S&P 500 <.SPX> opened higher by 0.50 points, or 0.01%, at 3,386.01.