Search
Close this search box.
Search
Close this search box.

Nasdaq hits new record, US stocks open mixed

Major indexes on the US stock market opened mixed on Tuesday, but the Nasdaq hit a record high.

The tech-heavy index was up 24 points to 14,663 at 9.42 a.m. EDT (1342GMT) after it hit a new all-time high of 14,687 shortly after the first bell.

Facebook also reached a record high of $358.67 as did Amazon at $3,593.19 — one day after Andy Jassy officially took over the CEO position from Jeff Bezos after 27 years.

The Dow Jones was down 112 to 34,677. The S&P 500 fell 7 to 4,344.

Oil prices showed retreat from increases after the OPEC+ group called off a Monday meeting where they were discussing since Thursday whether to end or extend production cuts beyond April 2022.

International benchmark Brent crude was down 1.8% to $75.75 per barrel after the market opened, while American benchmark West Texas Intermediate (WTI) fell 0.8% to $74.54.

Gold extended its rally for a fifth consecutive day by adding 1% to $1,809 per ounce. Silver rose $0.1% to 26.5.

US markets were closed Monday in observance of the July 4 holiday.

Source: Anadolu Agency