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Nasdaq opens lower as tech selloff continues


(Reuters) - The Composite index opened lower on Tuesday as selloff in tech continued for the second day, while the Dow was higher as investors looked to profit from that would benefit more from potential corporate cuts.

The 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 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 auto-generated from a syndicated feed.)

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