[US Stocks Open Lower as Fed Rate Hike Expectations Rise] US stocks opened lower, with the Dow Jones Industrial Average down 0.17%, the S&P 500 down 0.53%, and the Nasdaq Composite down 0.93%. Chip stocks collectively weakened, with SK Hynix (SKHY.O) down 4.1%, Intel (INTC.O) down 3%, SanDisk (SNDK.O) down 3.2%, and TSMC (TSM.N) down 1.7% after earnings release.