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Wall Street opens flat; Barclays weighs on bank shares


    NEW YORK (Reuters) - Wall Street opened little changed on Thursday with focus on financial stocks following a fraud lawsuit against British bank Barclays.

    The Dow Jones industrial average fell 5.78 points or 0.03 percent, to 16,861.73, the S&P 500 lost 1.76 points or 0.09 percent, to 1,957.77 and the Nasdaq Composite dropped 1.05 points or 0.02 percent, to 4,378.71.

    U.S.-traded BARCLAYS (BARC.LO)shares fell 7.5 percent in early trading and the S&P financial sector index dropped 0.3 percent.

    (Reporting by Angela Moon; Editing by Nick Zieminski)