KEY POINTS:
The New Zealand sharemarket was little changed soon after opening today following a quiet start to the week locally.
United States stocks continued to slide overnight, with the Nasdaq falling more than 3 per cent as worries about the worsening global economic downturn hounded markets.
The NZSX-50 was up 1.565 points, or 0.058 per cent, to 2716.153 at 10.10am today, after closing at 2714.588 yesterday.
The New Zealand sharemarket had a quiet day yesterday as investors waited on the sidelines to see how markets would fare in the financial crisis.
ABN Amro Craigs investment adviser Martin Allison said "investors have basically put away their wallets".
Telecom was up 1c to 235, Fletcher Building 3c to 575, The Warehouse 6c to 375 and Port of Tauranga 4c to 660.
Fisher & Paykel Healthcare fell 1c to 315, Sanford 2c to 548, Nuplex 1c to 490 and Telstra 4c to 480.
Early unofficial figures showed the Dow Jones industrial average rose 151.17 points, or 1.83 per cent, to 8424.75. The Standard & Poor's 500 Index gained 8.36 points, or 0.98 per cent, to finish unofficially at 859.11. The Nasdaq Composite Index inched up 1.22 points, or 0.08 per cent, to close unofficially at 1483.27.
- NZPA