Subprime subdues stocks

Concerns about financial sector in wake of New Century woes help keep markets flat at open.

March 12 2007: 9:33 AM EDT

NEW YORK (CNNMoney.com) -- U.S. stocks were little changed at Monday's open as concerns about the financial sector in the wake of the latest New Century news overshadowed a slew of deals.

The Dow Jones industrial average was down about 4 points. The Nasdaq composite index eased a little more than a point, as did the Standard & Poor's 500 index.

Among companies in the news Monday morning: New Century Financial (Charts), Dollar General (Charts), Sierra Health (Charts), Schering-Plough (Charts), Intel (Charts) and Ford Motor (Charts).

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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2012 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2012 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2012. All rights reserved. Most stock quote data provided by BATS.
© 2012 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy. Ad choices .