Nasdaq opens lower as tech selloff continues

(Reuters) - The Nasdaq Composite index opened lower on Tuesday as selloff in tech stocks continued for the second day, while the Dow was higher as investors looked to profit from stocks that would benefit more from potential corporate tax cuts.

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., November 28, 2017. REUTERS/Brendan McDermid

The Dow Jones Industrial Average .DJI rose 54.91 points, or 0.23 percent, to 24,344.96. The S&P 500 .SPX lost 0.02 points, or 0.000758 percent, to 2,639.42. The Nasdaq Composite .IXIC dropped 18.40 points, or 0.27 percent, to 6,756.97.

Reporting by Rama Venkat Raman in Bengaluru; Editing by Arun Koyyur

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