SP 500, Nasdaq ekes out gain as Fed approach towards interest rate hike

The S&P 500 and Nasdaq eked out gains at open on Monday as February's benign inflation data supported the Federal Reserve's "patient" approach towards further rate hikes, while the second day of losses in Boeing pressured the Dow.

The Dow Jones Industrial Average fell 50.58 points, or 0.20 per cent, at the open to 25,600.30. The S&P 500 opened higher by 4.04 points, or 0.15 per cent, at 2,787.34. The Nasdaq Composite gained 13.79 points, or 0.18 per cent, to 7,571.85 at the opening bell.