Tech mega-caps, chipmakers drag Nasdaq lower at open

Economy29 minutes ago (Sep 27, 2021 09:36AM ET)

(C) Reuters. FILE PHOTO: A Wall St. street sign is seen near the New York Stock Exchange (NYSE) in New York City, U.S., September 17, 2019. REUTERS/Brendan McDermid

(Reuters) – The Nasdaq index slipped at open on Monday as investors swapped technology heavyweights for stocks linked to economic growth amid increasing confidence in a recovery.

The Dow Jones Industrial Average fell 58.73 points, or 0.17%, at the open to 34,739.27. The S&P 500 opened lower by 13.36 points, or 0.30%, at 4,442.12, while the Nasdaq Composite dropped 93.52 points, or 0.62%, to 14,954.18 at the opening bell.

Tech mega-caps, chipmakers drag Nasdaq lower at open

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