S&P, Dow open slightly higher as banks get Fed boost

A trader works on the floor at the closing bell of the Dow Jones Industrial Average at the New York Stock Exchange on June 22, 2017 in New York. / AFP PHOTO / Bryan R. Smith

NEW YORK: The S&P 500 and the Dow Jones Industrial Average opened slightly higher on Thursday as bank stocks gained after the Federal Reserve cleared them in the second part of its annual stress test while a drag in tech stocks weighed on the Nasdaq.

The Dow Jones Industrial Average rose 16.51 points, or 0.08%, to 21,471.12. The S&P 500 gained 1.17 points, or 0.04%, to 2,441.86. The Nasdaq Composite dropped 20.70 points, or 0.33%, to 6,213.71. - Reuters