US: Nasdaq opens higher on upbeat Tesla results

THE Nasdaq opened higher on Thursday (Jul 21) as electric-car maker Tesla topped Wall Street's profit target, while the S&P 500 and the Dow edged lower.

The Dow Jones Industrial Average fell 48.35 points, or 0.15 per cent, at the open to 31,826.49.

The S&P 500 opened lower by 4.43 points, or 0.11 per cent, at 3,955.47, while the Nasdaq Composite gained 16.50 points, or 0.14 per cent, to 11,914.15 at the opening bell. REUTERS