Nasdaq hits record high at open on strong tech earnings; 3M weighs on Dow

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Dow and S&P futures were pressured by a steep fall in industrial company 3M's shares on Thursday, while upbeat results from high-flying companies ...

REUTERS: The tech-heavy Nasdaq index hit a fresh record at the open on Thursday after strong results from Facebook and Microsoft, while a slump in industrial conglomerate 3M weighed on the Dow and limited gains on the S&P.

The Dow Jones Industrial Average fell 170.68 points, or 0.64per cent, at the open to 26,426.37. The S&P 500 opened higher by 1.74 points, or 0.06per cent, at 2,928.99. The Nasdaq Composite gained 48.84 points, or 0.60per cent, to 8,150.85 at the opening bell.

 

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