Wall Street Little Changed at Open

Category: Global Markets / Aug 09, 2012 11:38AM EDT

Stocks opened little changed on Thursday as hopes about European Central Bank action to tackle the bloc's crisis faded, after European and U.S. equity benchmarks hit multi-month highs. European shares were on track for a five-month high and the euro was steady as softer Chinese economic data kept alive talk that central banks will ride to the rescue again, five years after the financial crisis began.