U.S. stocks opened lower, with the Dow Jones Industrial Average down 0.03%, the S&P 500 down 0.01%, and the Nasdaq Composite down 0.12%. Rivian (RIVN.O) surged 27% after the company projected a 53% surge in deliveries by 2026. Some Chinese ADRs declined, with Alibaba (BABA.N) down 3.6%, NIO (NIO.N) down 1.46%, and Baidu (BIDU.O) down 4.5%.