Source - SMW
Wall Street got off to a flat start as traders take time to assess the wider impact of economic discussions in Europe along with ongoing tensions in the Pacific.

Shortly after the open, the Dow stood at 22,962.13, the S&P 500 was almost unchanged at 2,557 and the Nasdaq drifted 0.08% lower to 6,618.61.

COMMODITIES

WTI was relatively unchanged at $51.86 a barrel and Brent was 0.24% higher at $57.96 per barrel.

Precious metals were not doing so well. Gold was down 1.23% at $1,287 per ounce and silver was off by 1.61%.

ECONOMIC NEWS

Prices for US imports rose 0.7% in September, the US Bureau of Labor Statistics reported today, after advancing 0.6% the previous month, while the price index for exports rose 0.8%.

US industrial production was up 0.3% in September, according to the latest Federal Reserve figures. Capacity utilisation for manufacturing was unchanged at 75.1%.

The NAHB Housing Market Index reading is also due today.