Markets

US stocks slip from record levels as tech rally cools

Wall Street’s main indexes eased from their highs at the open on Thursday as a rally in tech-focused stocks lost steam and latest data showed elevated levels of jobless claims.

The S&P 500 opened lower by 16.10 points, or 0.45%, at 3,564.74 and the Nasdaq Composite dropped 194.55 points, or 1.61%, to 11,861.90 at the opening bell.

The Dow Jones Industrial Average fell 9.80 points, or 0.03%, at the open to 29,090.70.

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