us stocks opened broadly flat thursday continuing a lackluster display despite a significant upgrade to the figure for economic growth in the first quarter us gross domestic product gdp for the first quarter was raised to two percent the commerce department said due partly to strongerthanexpected consumer spending around 25 minutes into trading the dow jones industrial average was up 04 percent at 3397983 the broadbased sp 500 rose 01 percent to 438285 while the techrich nasdaq composite was flat at 1359727 the opening of the market over the last couple of days weve seen the markets go green red green red but so far theyve been holding on quincy krosby from lpl financial told afp krosby said a clearer picture of the financial markets should emerge when the market comes back after the quarter ends and fourth of july period the big us banks like wells fargo jp morgan and bank of america saw their fortunes rise in early trading following the news that all major banks in the united states passed the federal reserves annual stress test designed to assess how well they would fare in a major financial crisis the fed found all 23 banks tested are well positioned to weather a severe recession and continue to lend to households and businesses even during a severe recession