US STOCKS SNAPSHOT-S&P 500, Nasdaq open lower as tech stocks weigh


Reuters | Updated: 09-04-2021 19:03 IST | Created: 09-04-2021 19:03 IST
US STOCKS SNAPSHOT-S&P 500, Nasdaq open lower as tech stocks weigh

The S&P 500 and the Nasdaq opened lower on Friday as a rise in U.S. bond yields weighed on richly valued technology stocks a day after the S&P 500 set a record closing high.

The S&P 500 opened lower by 1.06 points, or 0.03%, at 4,096.11, while the technology-heavy Nasdaq Composite dropped 42.30 points, or 0.31%, to 13,787.02 at the opening bell.

The Dow Jones Industrial Average rose 22.62 points, or 0.07%, at the open to 33,526.19.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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