Nasdaq hits new record, US stocks open mixed

By Ovunc Kutlu

ANKARA (AA) - Major indexes on the US stock market opened mixed on Tuesday, but the Nasdaq hit a record high.

The tech-heavy index was up 24 points to 14,663 at 9.42 a.m. EDT (1342GMT) after it hit a new all-time high of 14,687 shortly after the first bell.

Facebook also reached a record high of $358.67 as did Amazon at $3,593.19 -- one day after Andy Jassy officially took over the CEO position from Jeff Bezos after 27 years.

The Dow Jones was down 112 to 34,677. The S&P 500 fell 7 to 4,344.

Oil prices showed retreat from increases after the OPEC+ group called off a Monday meeting where they were discussing since Thursday whether to end or extend production cuts beyond April 2022.

International benchmark Brent crude was down 1.8% to $75.75 per barrel after the market opened, while American benchmark West Texas Intermediate (WTI) fell 0.8% to $74.54.

Gold extended its rally for a fifth consecutive day by adding 1% to $1,809 per ounce. Silver rose $0.1% to 26.5.

US markets were closed Monday in observance of the July 4 holiday.