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S&P, Dow under pressure from lockdown fears; Nasdaq gains

The S&P 500 and the Dow opened flat on Friday as fears of fresh lockdowns to curb the spread of COVID-19 in Europe hammered banking, energy and airline stocks, while strength in technology stocks pushed the Nasdaq to a record high.

The Dow Jones Industrial Average rose 8.14 points, or 0.02%, at the open to 35,879.09.

The S&P 500 opened higher by 3.90 points, or 0.08%, at 4,708.44, while the Nasdaq Composite gained 48.45 points, or 0.30%, to 16,042.16 at the opening bell.

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