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Wall Street opens flat ahead of earnings

    NEW YORK (Reuters) - Stocks opened flat on Monday as investors looked ahead to the start of the corporate earnings season for direction.

    Futures had indicated early losses on Wall Street, extending a steep sell-off on Friday that was spurred by a weak report on U.S. payrolls. Economic data from Asia pointing to slowing economic growth added to the cautious tone in equities.

    The Dow Jones industrial average <.DJI> was down 11.96 points, or 0.09 percent, at 12,760.51. The Standard & Poor's 500 Index <.SPX> was down 0.18 points, or 0.01 percent, at 1,354.50. The Nasdaq Composite Index <.IXIC> was up 2.46 points, or 0.08 percent, at 2,939.79.

    (Reporting by Ryan Vlastelica; Editing by Chizu Nomiyama)

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