July 16 (Reuters) - The S&P 500 and the Nasdaq opened lower

on Thursday as chip stocks weakened again, while investors

parsed fresh economic data for clues on the health of the

economy.

The Dow Jones Industrial Average rose 266.2 points,

or 0.51%, at the open to 52,924.86. The S&P 500 fell 13.6

points, or 0.18%, at the open to 7,558.8​, while the Nasdaq

Composite dropped 113.8 points, or 0.43%, to 26,155.405

at the opening bell.

(Reporting by Ragini Mathur; Editing by Devika Syamnath)