US STOCKS-Wall St flat; GE leads industrials lower
* GE falls 2.2 percent on disappointing results
* Honeywell drops 4.8 pct after forecast cut
* Defensive stocks among gainers
* Indexes up: Dow 0.09 pct, S&P 0.08 pct, Nasdaq 0.16 pct (Updates to open)
By Yashaswini Swamynathan
July 22 (Reuters) - U.S. stocks were flat on Friday morning as disappointing results from industrials including GE dented investors optimism about earnings and prevented Wall Street from aiming for new highs.
GE, long considered a bellwether for the U.S. economy, dropped 2.2 percent to $31.85 after its report.
The stock was the biggest loser on the Dow and the biggest drag on the S&P 500. It led the industrials sector down 0.8 percent.
Another drag on the sector was Honeywell, falling 4.8 percent after it lowered its full-year sales forecast. Continuación...