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Nasdaq opens lower as tech selloff continues


(Reuters) - The Nasdaq Composite index opened lower on Tuesday as selloff in tech stocks continued for the second day, while the Dow was higher as investors looked to profit from stocks that would benefit more from potential corporate tax cuts.The Dow Jones Industrial Average rose 54.91 points, or 0.23 percent, to 24,344.96. The S&P 500 lost 0.02 points, or 0.000758 percent, to 2,639.42. The Nasdaq Composite dropped 18.40 points, or 0.27 percent, to 6,756.97. (Reporting by Rama Venkat Raman in Bengaluru; Editing by Arun Koyyur)(This story has not been edited by Business Standard staff and is ...

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First Published: Tue, December 05 2017. 20:13 IST