Dow Jones subdued at open ahead of US business surveys

US 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 dropped 6.51 points, or 0.06%, to 11,258.45 at the opening bell.

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

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