Dow, S&P 500 open at record highs after Disney's strong earnings

FILE PHOTO: People walk by the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 9, 2021. REUTERS/Andrew Kelly

(Reuters) – The Dow and the S&P 500 opened at record highs on Friday after Walt Disney’s market-beating results, while signs of cooling inflation and a strong recovery in corporate earnings kept the indexes on track for a second straight week of gains.

The Dow Jones Industrial Average rose 51.71 points, or 0.15%, at the open to 35,551.56. The S&P 500 opened higher by 4.01 points, or 0.09%, at 4,464.84, while the Nasdaq Composite gained 8.81 points, or 0.06%, to 14,825.07 at the opening bell.

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