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(Reuters) – The Nasdaq opened lower on Friday as gloomy forecasts from megacaps Amazon (NASDAQ:AMZN) and Apple (NASDAQ:AAPL) outweighed data that showed U.S. consumer spending increased more than expected in September.
The Nasdaq Composite dropped 26.47 points, or 0.25%, to 10,766.20 at the opening bell. The Dow Jones Industrial Average rose 171.03 points, or 0.53%, at the open to 32,204.31 while the S&P 500 opened higher by 0.96 points, or 0.03%, at 3,808.26.
