US: Facebook lifts Nasdaq, S&P at open; downbeat earnings weigh on Dow
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[NEW YORK] The S&P 500 and the Nasdaq opened higher on Thursday on upbeat results from Facebook Inc, extending a rally after the Federal Reserve's pledge to be patient on further interest rate hikes, while the Dow was held lower by a spate of downbeat earnings reports.
The Dow Jones Industrial Average fell 60.38 points, or 0.24 per cent, at the open to 24,954.48.
The S&P 500 opened higher by 4.44 points, or 0.17 per cent, at 2,685.49. The Nasdaq Composite gained 25.09 points, or 0.35 per cent, to 7,208.17 at the opening bell.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
Loyang Valley sold for S$880 million to SingHaiyi-led consortium
