US: S&P 500, Nasdaq hit record highs at open

[NEW YORK] The S&P 500 and the Nasdaq opened at record highs on Thursday (Jul 31), as blockbuster earnings from Meta and Microsoft signalled Big Tech’s hefty artificial intelligence bets were paying off.

The Dow Jones Industrial Average rose 204.5 points, or 0.46 per cent, at the open to 44,665.82.

The S&P 500 rose 64.1 points, or 1.01 per cent, at the open to 6,427.02​, while the Nasdaq Composite rose 327.8 points, or 1.55 per cent, to 21,457.48 at the opening bell. REUTERS