Stocks – Wall Street Flat as Durable Goods Decline

© Reuters.

Investing.com – Wall Street opened flat on Tuesday, as an uninspiring report for orders in February damped any enthusiasm for pushing Monday’s rally any further.

The lost 74 points or 0.3% by 9:42 AM ET (13:42 GMT) while the was down 2 points or 0.1% and tech-heavy inched down 3 points or 0.1%.

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:) 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:) gained 0.5%.

Airline companies were higher, with Delta Air Lines (NYSE:) rising 3.8% after raising its guidance for the first quarter. That’s also lifting United Continental (NASDAQ:) 3.2%. Boeing (NYSE:) 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:) slipped 0.3% as it at its Whole Foods stores, while Walgreens Boots (NASDAQ:) slumped 12.2% after it forecast flat earnings for the year and its earnings were less than expected. CVS Health (NYSE:) fell 3.8%, while Cardinal Health (NYSE:) declined 2.2%.

In commodities, fell 0.1% to $1,293.25 a troy ounce while jumped 0.8% to a new 2019 high of $62.16 a barrel. The , which measures the greenback against a basket of six major currencies, rallied 0.2% to 96.968.

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