S&P 500, Nasdaq open higher as chips rebound, yields retreat
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Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 15, 2026. REUTERS/Jeenah Moon/File Photo
May 18 (Reuters) - The S&P 500 and the Nasdaq opened higher on Monday as heavyweight semiconductor stocks recovered, while a bond market rout that had sparked a selloff the previous week appeared to cool.
The Dow Jones Industrial Average fell 45.1 points, or 0.09%, at the open to 49481.04. The S&P 500 rose 6.6 points, or 0.09%, to 7415.07, while the Nasdaq Composite rose 64.3 points, or 0.25%, to 26289.49.
(Reporting by Ragini Mathur in Bengaluru; Editing by Maju Samuel)
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