US: Tech mega-caps, chip-makers drag Nasdaq lower at open
Add BT as a preferred source[BENGALURU] The Nasdaq index slipped at open on Monday, as investors swapped technology heavyweights for stocks linked to economic growth amid increasing confidence in a recovery.
The Dow Jones Industrial Average fell 58.73 points, or 0.17 per cent, at the open to 34,739.27.
The S&P 500 opened lower by 13.36 points, or 0.30 per cent, at 4,442.12, while the Nasdaq Composite dropped 93.52 points, or 0.62 per cent, to 14,954.18 at the opening bell.
REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Nearly half of Apac’s wealthy expect market crash or correction, plan to rotate to cash: study
Shanda co-founder sells Tanglin Hill bungalow for S$76 million
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Johor property old hand KSL readies family handover amid market boom
