US STOCKS-Markets open flat as Dow news overshadows crude oil

Newswire

NEW YORK, Dec 29 (Reuters) - U.S. stocks opened flat on Monday after higher oil prices offset a move by Kuwait to end a proposed $17.4 billion petrochemical joint venture with Dow Chemical , a move that could hurt the company's plans to buy Rohm & Haas . * Oil prices rose to more than $40 per barrel, while the price of gold also surged as Israeli warplanes hit the Hamas-ruled Gaza Strip for a third day and Israel prepared to launch a possible invasion. For details, see [ID:nLT345484]. ...

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