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Dow opens higher on easing China COVID curbs; Tesla weighs on Nasdaq


Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 7, 2022. REUTERS/Brendan McDermid

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 (.DJI) rose 20.30 points, or 0.06%, at the open to 33,224.23.

The S&P 500 (.SPX) opened lower by 1.48 points, or 0.04%, at 3,843.34, while the Nasdaq Composite (.IXIC) dropped 35.68 points, or 0.34%, to 10,462.19 at the opening bell.