Wall Street opens mixed as markets digest Big-Tech AI splurge

Jan ⁠29 (Reuters) - Wall ⁠Street ‍opened mixed on ‍Thursday, as investors waded ​through mega‑cap tech ​results that showcased another surge in AI spending, while ​the Federal Reserve held ​rates steady as widely ‌expected.

At 09:30 a.m. ET, the Dow Jones ​Industrial Average ⁠rose 62.50 points, or ‌0.12%, to 49,075.38, the S&P ‌500 gained 9.89 points, ‌or 0.15%, to 6,988.65 and the Nasdaq Composite ‍lost 39.15 points, or ⁠0.16%, to 23,818.30.

(Reporting by Pranav Kashyap; Editing by Krishna Chandra Eluri)

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