Tech Stocks Boost S&P 500 and Nasdaq in Market Surge
The stock market witnessed an uptick as the S&P 500 and Nasdaq opened higher, driven by technology shares. Meanwhile, the Dow Jones Industrial Average experienced a slight decline. This reflects ongoing investor confidence in the tech sector while traditional industries face stagnant or declining performances.
The stock market began trading on a positive note Friday, as technology shares propelled the S&P 500 and the Nasdaq to higher openings.
Meanwhile, the Dow Jones Industrial Average saw a minor dip, decreasing by 51.9 points, or 0.12%, reaching 43,187.12 at the start of the session.
Conversely, the S&P 500 increased by 18.0 points, equivalent to 0.31%, to begin at 5,859.43, and the Nasdaq Composite gained 92.4 points, or 0.50%, opening at 18,466.005.
(With inputs from agencies.)
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