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Stocks open mostly lower even as Nasdaq edges toward record

| November 25, 2020 8:06 AM

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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