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US: Apple drags down Nasdaq at open; S&P, Dow rise

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The Nasdaq opened lower on Monday, dragged down by a more than 2 per cent fall in Apple Inc shares, while a jump in energy stocks supported the S&P 500 and the Dow Jones industrial index.

[NEW YORK] The Nasdaq opened lower on Monday, dragged down by a more than 2 per cent fall in Apple Inc shares, while a jump in energy stocks supported the S&P 500 and the Dow Jones industrial index.

The Dow Jones Industrial Average fell 9.36 points, or 0.04 per cent, at the open to 25,261.47. The S&P 500 opened higher by 3.31 points, or 0.12 per cent, at 2,726.37. The Nasdaq Composite dropped 12.91 points, or 0.18 per cent, to 7,344.08 at the opening bell.

REUTERS

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