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Nasdaq, S&P open higher as chips, megacaps rebound
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Nasdaq and the S&P 500 rose at the open on Thursday, as megacaps regained ground and an upbeat forecast from Taiwan Semiconductor Manufacturing helped chip stocks recover from a sharp sell-off in the previous session.
The Dow Jones Industrial Average fell 41.52 points, or 0.10%, at the open to 41,156.56.
The S&P 500 opened higher by 20.29 points, or 0.36%, at 5,608.56, while the Nasdaq Composite gained 122.23 points, or 0.68%, to 18,119.15 at the opening bell.
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