New York • The stock market continued its lackluster start to the New Year Friday.
Stocks opened higher, then fell back to trade flat around midday. The market's slump on Thursday was the first for an opening day of the year since 2008.
KEEPING SCORE: The Standard & Poor's 500 index fell two points, or 0.1 percent, to 1,830 as of 12:09 p.m. Eastern Time. The Dow Jones industrial average gained seven points, or 0.1 percent, to 16,449. The Nasdaq composite fell 16 points, or 0.4 percent, to 4,126.
SALES SLUMP: General Motors was among the biggest decliners in the S&P 500. The automaker fell $1.41, or 3.4 percent, to $39.53 after the company said its U.S. sales slumped more than 6 percent in December. GM sold about 230,000 cars last month, down from nearly 246,000 a year ago.