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business/news//MarketScreener
Wall Street's main indexes opened lower on Tuesday after hitting a series of record highs.
Alphabet announced a new funding commitment explicitly tied to the AI buildout.
Major U.S. stock indexes opened lower after previously reaching record highs.
Investor confidence in AI infrastructure is being reinforced by recent corporate actions.
June 2 (Reuters) - Wall Street's main indexes opened lower on Tuesday after hitting a series of record highs, while blowout results from Hewlett Packard Enterprise and a funding commitment from Alphabet underscored investor confidence in the AI buildout.
The Dow Jones Industrial Average fell 166.0 points, or 0.33%, at the open to 50,912.84. The S&P 500 fell 4.6 points, or 0.06%, at the open to 7,595.4, while the Nasdaq Composite dropped 56.7 points, or 0.21%, to 27,030.072 at the opening bell.
(Reporting by Medha Singh in Bengaluru; Editing by Devika Syamnath)