US markets start the week in neutral

US stock markets got off to a lacklustre start to the week as investors attempt second guess the next move from the Trump administration and assess the likely impact this may have on the wider American economy.

As traders dig through the detail of recent executive orders, including the legality of the temporary immigration ban and plans to relax financial regulation, equity prices appear to be increasingly driven by politics rather than performance.

In early trading, the Dow was virtually unchanged at 20,059.37, the broader-based S&P 500 was down 4.59 points at 2,292.83, while the tech-heavy Nasdaq Composite eased 13.71 points to 5,653.05.

In commodities, WTI crude was little changed at $53.79/bbl and Brent was slightly weaker at $56.69/bbl. Gold was higher at $1,227.2/oz, with silver and copper also up.