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US stocks open flat as Boeing retreats

Wall Street investors were cautious in opening trades Friday after the Dow lost ground Thursday, ending a six-day streak of records amid a mix of earnings reports

Wall Street stocks treaded water in opening trade Friday as Boeing shares took a hit after the company announced that it would take a $2.1 billion charge against second quarter earnings.

Investors were cautious after the Dow lost ground Thursday, ending a six-day streak of records amid a mix of earnings reports.

"Investors will do a lot of tape watching, aiming to see how leading sectors ... respond to Thursday's pullback and whether the modest uptick at the open ultimately invites renewed profit-taking efforts," said Briefing.com analyst Patrick O'Hare.

Five minutes into trade, the Dow Jones Industrial Average was essentially flat at 18,518.91, while the S&P 500 was at 2,165.34, also unchanged.

The tech-rich Nasdaq Composite Index slid less than 0.1 percent to 5,071.77.

Shares of Boeing, a Dow component, were down 1.7 percent.