US: S&P 500, Nasdaq open near record peak as Micron results boost chip stocks
]NEW YORK] Wall Street’s S&P 500 and Nasdaq indexes opened near a record high on Thursday (Jun 26) as robust earnings from memory-chip maker Micron fuelled optimism around artificial intelligence while investors assessed a slew of economic data.
The Dow Jones Industrial Average rose 101.6 points, or 0.24 per cent, at the open to 43,084.07.
The S&P 500 rose 19.9 points, or 0.33 per cent, at the open to 6,112.09, while the Nasdaq Composite rose 88.6 points, or 0.44 per cent, to 20,062.187 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
Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose
Brokers maintain ‘buy’ on CDL despite investor reservations over strategic review
Deal between tycoon friends sparks scrutiny of Philippine power sector
Hwa Seng Builder, two China companies win S$1.2 billion Tuas Road Viaduct phase two contracts