Investing.com – Wall Street opened flat on Tuesday, as an uninspiring report for durable goods orders in February damped any enthusiasm for pushing Monday's rally any further.
The Dow lost 74 points or 0.3% by 9:42 AM ET (13:42 GMT) while the S&P 500 was down 2 points or 0.1% and tech-heavy Nasdaq composite inched down 3 points or 0.1%.
Durable goods orders fell for the first time in three-months, adding to signs that the economy's slowdown at the end of last year may extend into 2019.
Facebook (NASDAQ:FB) was among the top gainers, rising 1.3% as the market assesses the implications of CEO Mark Zuckerberg's call for more coordinated regulation of the Internet. Walt Disney (NYSE:DIS) gained 0.5%.
Airline companies were higher, with Delta Air Lines (NYSE:DAL) rising 3.8% after raising its guidance for the first quarter. That's also lifting United Continental (NASDAQ:UAL) 3.2%. Boeing (NYSE:BA) was down 0.5% on news that the company has delayed an expected update to its troubled 737 Max 8 model.
Elsewhere Amazon.com (NASDAQ:AMZN) slipped 0.3% as it cut prices at its Whole Foods stores, while Walgreens Boots (NASDAQ:WBA) slumped 12.2% after it forecast flat earnings for the year and its earnings were less than expected. CVS Health (NYSE:CVS) fell 3.8%, while Cardinal Health (NYSE:CAH) declined 2.2%.
In commodities, gold futures fell 0.1% to $1,293.25 a troy ounce while crude oil jumped 0.8% to a new 2019 high of $62.16 a barrel. The U.S. dollar index, which measures the greenback against a basket of six major currencies, rallied 0.2% to 96.968.