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Stocks open mostly lower even as Nasdaq edges toward record

2 years 2 months 1 week ago Wednesday, November 25 2020 Nov 25, 2020 November 25, 2020 9:40 AM November 25, 2020 in News
Source: Associated Press

NEW YORK (AP) — Stocks are opening mostly lower as Wall Street heads into the Thanksgiving holiday.

The S&P 500 index slipped 0.2% in the early going Wednesday, but it’s still holding on to a gain of almost 11% for the month.

Most stocks in the benchmark index were trading lower, but gains from a handful of Big Tech companies including Apple sent the tech-heavy Nasdaq index above the closing high it reached in early September.

The price of crude oil rose about 1% and Treasury yields held steady.

The Dow eased below 30,000, a day after passing that milestone for the first time.

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