US stocks opened lower: Dow down 0.13%, S&P 500 down 0.88%, Nasdaq down 1.5%.
Major tech and chip names led losses—SanDisk (SNDK.O) -4.8%, SK Hynix (SKHY.O)
-4.5%, Meta Platforms (META.O) -4.0%, SpaceX (SPCX.O) -4.0%, Micron Technology
(MU.O) -3.8%, Tesla (TSLA.O) -2.87%, IBM (IBM.N) -2.5%, NVIDIA (NVDA.O) -2.1%.