US STOCKS-Wall St opens flat as oil prices surrender gains

lunes 9 de mayo de 2016 09:45 GYT

* Traders pricing in only one rate hike this year

* Krispy Kreme jumps after agreeing to be taken private

* Lending Club slumps after CEO resigns

* Dow down 0.12 pct, S&P flat, Nasdaq up 0.13 pct (Updates to open)

By Yashaswini Swamynathan

May 9 (Reuters) - Wall Street was little changed on Monday after Friday's lackluster U.S. jobs report suggested the Federal Reserve will raise rates just once this year, while cautious investors allowed for only a short-lived rally in oil prices.

Crude prices surrendered early gains made after wildfires in Canada hit supplies, and were down 1.1 percent.

U.S. stocks broke a three-day losing streak and closed higher on Friday after investors focused on the positive aspects of a generally disappointing April jobs report.

A bigger-than-expected drop in China's imports and exports in April also pointed to weak demand in the world's second-biggest economy.   Continuación...