Dow Opens Higher on Easing China COVID-19 Curbs; Tesla Weighs on Nasdaq

Dow Opens Higher on Easing China COVID-19 Curbs; Tesla Weighs on Nasdaq
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City on Dec. 7, 2022. (Brendan McDermid/Reuters)
Reuters
12/27/2022
Updated:
12/27/2022

The Dow Jones opened higher on Tuesday after China further relaxed its COVID-19 curbs by scrapping the quarantine rule for inbound travelers, while a drop in Tesla shares weighed on the Nasdaq.

The Dow Jones Industrial Average rose 20.30 points, or 0.06 percent, at the open to 33,224.23. The S&P 500 opened lower by 1.48 points, or 0.04 percent, at 3,843.34, while the Nasdaq Composite dropped 35.68 points, or 0.34 percent, to 10,462.19 at the opening bell.