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Nasdaq opens higher as tech selloff calms

Credit: REUTERS/BRENDAN MCDERMID

The Nasdaq rose at the open on Friday, shaking off a two-day decline in heavyweight technology stocks, while worries about rising coronavirus cases and a patchy economic recovery weighed on the S&P 500 and Dow.

Sept 18 (Reuters) - The Nasdaq rose at the open on Friday, shaking off a two-day decline in heavyweight technology stocks, while worries about rising coronavirus cases and a patchy economic recovery weighed on the S&P 500 and Dow.

The Nasdaq Composite .IXIC gained 63.17 points, or 0.58%, to 10,973.45 at the opening bell. The Dow Jones Industrial Average .DJI fell 37.11 points, or 0.13%, at the open to 27,864.87, while the S&P 500 .SPX opened higher by just 0.37 points, or flat, at 3,357.38.

(Reporting by Devik Jain in Bengaluru; Editing by Maju Samuel)

((Devik.Jain@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 6182 2062; ;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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