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Nasdaq falls at open as Facebook leads tech selloff


(Reuters) - The Composite opened 1 percent lower on Thursday as led a selloff in technology stocks, while the Jones Industrial Average was buoyed after the and the agreed to negotiate on trade.

The Jones Industrial Average rose 54.45 points, or 0.21 percent, at the open to 25,468.55. The opened lower by 10.58 points, or 0.37 percent, at 2,835.49. The Composite dropped 84.20 points, or 1.06 percent, to 7,848.04 at the opening bell.

(Reporting by in Bengaluru)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, July 26 2018. 19:34 IST