Wall Street flat as banks gain, utilities drag

The S&P 500 financial index rose 0.43 percent, led by a 1.2 percent rise in Wells Fargo . The telecom services index was on track for its best day in two weeks, helped by gains in AT&T and Verizon . AT&T gave the biggest boost to the S&P 500, rising 1.3 percent after CEO Randall Stephenson told investors that the new streaming television service DirectTV Now has so far exceeded expectations.