US STOCKS SNAPSHOT-S&P 500, Nasdaq open lower as chip stocks weaken

Dow Jones Industrial Average
S&P 500 index
NASDAQ

Dow Jones Industrial Average

DJI

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S&P 500 index

SPX

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NASDAQ

IXIC

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July 16 (Reuters) - The S&P 500 and the Nasdaq opened lower on Thursday as chip stocks weakened again, while investors parsed fresh economic data for clues on the health of the economy.

The Dow Jones Industrial Average .DJI rose 266.2 points, or 0.51%, at the open to 52,924.86. The S&P 500 .SPX fell 13.6 points, or 0.18%, at the open to 7,558.8​, while the Nasdaq Composite .IXIC dropped 113.8 points, or 0.43%, to 26,155.405 at the opening bell.


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