Dow, S&P 500 open at records despite lingering trade tensions

New York (AFP) – The Dow and S&P 500 opened at fresh records on Thursday as investors brushed aside lingering trade conflicts amid signs of solid US economic growth.

About seven minutes into trading, the Dow Jones Industrial Average was at 26,643.22, up 0.9 percent and topping the prior record set in January.

The broad-based S&P 500 was at 2,923.03, up 0.5 percent from Wednesday’s close and about nine points from the closing record set August 29. The tech-rich Nasdaq Composite Index advanced 0.6 percent to 7,997.75.

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