Wall St muted at open, but still on track for sharp weekly gains

(Reuters) - Wall Street's main indexes were subdued at open on Friday but still on track for strong weekly gains, as investors cheered the Federal Reserve sticking to its rate-easing stance.

The Dow Jones Industrial Average fell 7.31 points, or 0.02%, at the open to 39,774.06. The S&P 500 opened higher by 0.95 points, or 0.02%, at 5,242.48, while the Nasdaq Composite dropped 14.01 points, or 0.09%, to 16,387.83 at the opening bell.

(Reporting by Bansari Mayur Kamdar in Bengaluru; Editing by Maju Samuel)