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S&P 500, Nasdaq rise at open on Amazon, Intel boost; inflation data lifts sentiment
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Nasdaq opened higher on Friday as robust forecasts from Amazon.com and Intel lifted beaten-down megacaps, while investors also drew comfort from data that showed inflation rose largely in line with expectations.
The Dow Jones Industrial Average fell 1.90 points, or 0.01%, at the open to 32,782.40.
The S&P 500 opened higher by 15.70 points, or 0.38%, at 4,152.93, while the Nasdaq Composite gained 123.08 points, or 0.98%, to 12,718.69 at the opening bell.
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