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Nasdaq hits record high as Alphabet powers tech rally

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Reuters

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

(Reporting by Amy Caren Daniel in Bengaluru)

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: Jul 24 2018 | 7:09 PM IST

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