U.S. stocks moved lower at the open Friday as investors weigh in on fresh data that shows consumer spending rose at a slower pace in December, a closely watched measure by the Federal Reserve.
The S&P 500 (^GSPC) edged down 0.2%, the Dow Jones Industrial Average (^DJI) was flat. The technology-heavy Nasdaq Composite (^IXIC) declined by roughly 0.2%.
The yield on the benchmark 10-year U.S. Treasury note ticked up to 3.52% from 3.497% on Thursday. The dollar index added 0.28% to $102.12. WTI…
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