US STOCKS SNAPSHOT-Dow hits record high at open after inflation data
Aug 11 (Reuters) - The Dow Jones Industrial Average hit a record high at the open on Wednesday after data showed that growth in inflation appeared to have peaked in July, while economically sensitive stocks gained following the passage of an infrastructure bill.
The Dow Jones Industrial Average .DJI rose 36.22 points, or 0.10%, at the open to 35,300.89. The S&P 500 .SPX opened higher by 5.43 points, or 0.12%, at 4,442.18, while the Nasdaq Composite .IXIC gained 46.30 points, or 0.31%, to 14,834.38 at the opening bell.
(Reporting by Sruthi Shankar in Bengaluru; Editing by Sriraj Kalluvila)
((sruthi.shankar@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 6182 2787;))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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