Nasdaq, S&P climb at Wall Street open as Dow retreats

NEW YORK, Aug 18 (AFP): Wall Street was off to a mixed start on Tuesday, with the Nasdaq and S&P 500 looking to build on gains from the day before even as the Dow lost steam.

About 30 minutes into trading, the Dow Jones Industrial Average was down 0.2 percent at 27,796.87.

The broad-based S&P 500 advanced 0.1 percent to 3,386.42 above Monday's near record close, while the tech-rich Nasdaq followed-up on its all-time high finish by gaining 0.4 percent to 11,169.84.

The Nasdaq has notched new records more than 30 times this year, including several in the wake of the coronavirus outbreak that has driven millions of people to shift to working from home and boosting demand for products such as video conferencing, video games and movie streaming.