U.S. stocks opened lower, with the Dow Jones Industrial Average down 0.1%, the S&P 500 down 0.03%, and the Nasdaq Composite down 0.02%. Intel (INTC.O) fell 3% after reports that Nvidia had paused testing of its 18A process technology. Nike (NKE.N) rose 3% after Apple CEO Tim Cook purchased 50,000 shares of Nike stock for approximately $2.95 million. DenaVision Pharmaceuticals (DVAX.O) surged 38% after Sanofi acquired DenaVision for $2.2 billion.