US: Dow opens higher on easing China Covid curbs; Tesla weighs on Nasdaq

THE Dow Jones opened higher on Tuesday (Dec 27) after China further relaxed its Covid-19 curbs by scrapping the quarantine rule for inbound travelers, while a drop in Tesla shares weighed on the Nasdaq.

The Dow Jones Industrial Average rose 20.30 points, or 0.06 per cent, at the open to 33,224.23.

The S&P 500 opened lower by 1.48 points, or 0.04 per cent, at 3,843.34, while the Nasdaq Composite dropped 35.68 points, or 0.34 per cent, to 10,462.19 at the opening bell. REUTERS