US: Nasdaq, S&P 500 slide at open as Tesla, Netflix drag
THE tech-heavy Nasdaq and the S&P 500 fell on Thursday (Jul 20), dragged down by Tesla over price cut concerns, while Netflix slid after its quarterly revenue missed analysts’ estimates.
The Dow Jones Industrial Average rose 30.77 points, or 0.09 per cent, at the open to 35,091.98.
The S&P 500 opened lower by 11.34 points, or 0.25 per cent, at 4,554.38, while the Nasdaq Composite dropped 84.72 points, or 0.59 per cent, to 14,273.29 at the opening bell. REUTERS
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