US stocks open mixed

The Hindu Business Line - - FRONT PAGE - AP

US stocks opened quiet on Wed­nes­day as tech­nol­ogy com­pa­nies rose and en­ergy com­pa­nies con­tin­ued to fall as in­vestors sorted through the on­go­ing dam­age caused by Trop­i­cal Storm Har­vey. Chip­maker Ana­log De­vices was climb­ing while tax pre­parer H&R Block was skid­ding af­ter the com­pa­nies is­sued their lat­est quar­terly re­ports. The Com­merce Depart­ment raised its es­ti­mate for eco­nomic growth and said US gross do­mes­tic prod­uct grew at its fastest pace in two years be­tween April and June. The S&P 500 picked up 1 point, or 0.1 per cent, to 2,447 as of 10.05 am East­ern time.

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