US: S&P, Dow under pressure from lockdown fears; Nasdaq gains
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[NEW YORK] The S&P 500 and the Dow opened flat on Friday as fears of fresh lockdowns to curb the spread of Covid-19 in Europe hammered banking, energy and airline stocks, while strength in technology stocks pushed the Nasdaq to a record high.
The Dow Jones Industrial Average rose 8.14 points or 0.02 per cent at the open to 35,879.09.
The S&P 500 opened higher by 3.90 points or 0.08 per cent at 4,708.44 while the Nasdaq Composite gained 48.45 points or 0.30 per cent to 16,042.16 at the opening bell.
REUTERS
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