Business

Tech mega-caps, chipmakers drag Nasdaq lower at open

Sept 27 (Reuters) – The Nasdaq index slipped at open on Monday as traders swapped know-how heavyweights for shares linked to financial progress amid rising confidence in a restoration.

The Dow Jones Industrial Common fell 58.73 factors, or 0.17%, on the open to 34,739.27.

The S&P 500 opened decrease by 13.36 factors, or 0.30%, at 4,442.12, whereas the Nasdaq Composite dropped 93.52 factors, or 0.62%, to 14,954.18 on the opening bell.

Reporting by Devik Jain in Bengaluru; Enhancing by Maju Samuel

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