S&P 500, Nasdaq open lower as chip stocks weaken
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FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 6, 2026. REUTERS/Jeenah Moon/File Photo
July 16 (Reuters) - The S&P 500 and the Nasdaq opened lower on Thursday as chip stocks weakened again, while investors parsed fresh economic data for clues on the health of the economy.
The Dow Jones Industrial Average rose 266.2 points, or 0.51%, at the open to 52,924.86. The S&P 500 fell 13.6 points, or 0.18%, at the open to 7,558.8, while the Nasdaq Composite dropped 113.8 points, or 0.43%, to 26,155.405 at the opening bell.
(Reporting by Ragini Mathur; Editing by Devika Syamnath)
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