S&P 500, Nasdaq open lower as trade-fueled rally pauses
(Reuters) - The S&P 500 and Nasdaq indexes opened slightly lower on Friday after a record run this week fueled by rising hopes of a U.S.-China trade truce and an upbeat corporate earnings season.
The S&P 500 <.SPX> opened lower by 3.93 points, or 0.13%, at 3,081.25. The Nasdaq Composite <.IXIC> dropped 11.85 points, or 0.14%, to 8,422.67 at the opening bell.
The Dow Jones Industrial Average <.DJI>, however, rose 11.40 points, or 0.04%, at the open to 27,686.20.
(Reporting by Sagarika Jaisinghani in Bengaluru; Editing by Sriraj Kalluvila)
© Copyright Reuters Ltd. All rights reserved. The information contained in this news report may not be published, broadcast or otherwise distributed without the prior written authority of Reuters Ltd.