Wall Street opens lower as Nvidia hammers tech stocks
US stocks opened lower on Friday, as techology companies suffered sharp losses following disappointing forecasts from chip companies Nvidia and Applied Materials.
The Dow Jones Industrial Average fell 46.92 points, or 0.19 percent, at the open to 25,242.35. The S&P 500 opened lower by 11.66 points, or 0.43 percent, at 2,718.54. The Nasdaq Composite dropped 7,259.03 points, or 100.00 percent, to 0.00 at the opening bell.
The Dow Jones Industrial Average fell 46.92 points, or 0.19 percent, at the open to 25,242.35. The S&P 500 opened lower by 11.66 points, or 0.43 percent, at 2,718.54. The Nasdaq Composite dropped 7,259.03 points, or 100.00 percent, to 0.00 at the opening bell.
