US STOCKS SNAPSHOT-Wall St opens flat as record-setting rally runs out of steam

U.S. stocks opened largely flat on Wednesday as markets took a breather from a record-setting spree, while FedEx plunged after it cut its annual profit forecast for the second time this year. The Dow Jones Industrial Average rose 24.28 points, or 0.09%, at the open to 28,291.44.

The S&P 500 opened higher by 2.69 points, or 0.08%, at 3,195.21. The Nasdaq Composite gained 11.29 points, or 0.13%, to 8,834.65 at the opening bell.