Wall Street Opens Muted as Tech Jitters Linger
Wall Street indexes opened mostly muted on Friday as persistent worries about the artificial intelligence trade pressured semiconductor stocks. Meanwhile, gains in Tesla provided some support to the broader market.
Insights:
United States equities opened mixed on Friday morning as artificial intelligence sector jitters pressured semiconductor shares, while gains in Tesla provided a cushion. The Dow Jones Industrial Average rose 130.6 points, or 0.25%, at the open to 52,308.28. The S&P 500 rose 1.3 points, or 0.02%, at the open to 7,745.32, while the Nasdaq Composite dropped 60 points, or 0.22%, to 26,652.985.
