Nasdaq hits record high as Alphabet powers tech rally

(Reuters) – The Nasdaq hit a record high at open on Tuesday, as Google-parent Alphabet climbed after a strong quarter and lifted shares of other technology companies.

The Dow Jones Industrial Average .DJI rose 48.14 points, or 0.19 percent, at the open to 25,092.43. The S&P 500 .SPX opened higher by 13.70 points, or 0.49 percent, at 2,820.68. The Nasdaq Composite .IXIC gained 72.48 points, or 0.92 percent, to 7,914.35 at the opening bell.

Reporting by Amy Caren Daniel in Bengaluru

Read Entire Article On Reuters