US STOCKS-Wall Street ends flat as commodities weigh

lunes 20 de julio de 2015 16:28 GYT

* Morgan Stanley touches 7-year high

* Gold touches 5-year low; Copper, oil prices fall

* IBM falls in extended trade after earnings

* Indexes up: Dow 0.08 pct, S&P 0.08 pct, Nasdaq 0.17 pct (Updates to market close)

By Chuck Mikolajczak

July 20 (Reuters) - Wall Street finished little changed on Monday as a better-than-expected start to corporate earnings season boosted investor confidence, but gains were curbed by a drop in commodities.

Shares of technology companies were among the bright spots, helping the tech-heavy Nasdaq Composite to its third straight record close as investor focus shifts to earnings from Greece and China. The top five boosts to the S&P 500 were from the tech sector.

Gold prices plunged to their lowest in more than five years while copper prices hit their lowest in nearly two weeks. Oil prices fell on signs of a growing glut in refined products to pull the S&P energy index down 1.3 percent.

The dollar index rose 0.17 percent to $98.04. It had earlier hit a three-month high due to expectations of a Federal Reserve rate hike this year.   Continuación...