/Wall Street opens flat as Trump to restore tariffs on metal imports

Wall Street opens flat as Trump to restore tariffs on metal imports


Trader Jonathan Corpina works with children during a traditional bring-your-kids-to-work day on the floor at the New York Stock Exchange (NYSE) in New York, U.S., November 29, 2019. REUTERS/Brendan McDermid

(Reuters) – Wall Street opened largely flat on Monday as President Donald Trump said he would restore tariffs on metal imports from Brazil and Argentina, with investors shrugging off a surprise rise in Chinese manufacturing activity.

The S&P 500 .SPX opened higher by 2.87 points, or 0.09%, at 3,143.85. The Nasdaq Composite .IXIC gained 7.37 points, also 0.09%, to 8,672.85 at the opening bell. The Dow Jones Industrial Average .DJI rose 58.33 points, or 0.21%, at the open to 28,109.74.

Reporting by Sagarika Jaisinghani in Bengaluru; Editing by Saumyadeb Chakrabarty

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