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US Indices Open Lower as Tech Rout Deepens
The Dow, S&P 500, and Nasdaq opened in negative territory as an intensifying sell-off in technology stocks weighed on broader market benchmarks.
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The Dow Jones Industrial Average slumped due to renewed geopolitical tensions between the U.S. and Iran, while the Nasdaq initially saw small gains. Market sentiment remained volatile as futures turned mixed following reports of potential technical talks between the two nations. By mid-July, the Dow, S&P 500, and Nasdaq all opened lower as a sell-off in technology stocks intensified.
The Dow, S&P 500, and Nasdaq opened in negative territory as an intensifying sell-off in technology stocks weighed on broader market benchmarks.
Read the full storyU.S. stock futures showed divergent performance on Friday morning, with Dow Jones futures gaining while Nasdaq 100 fell amid reports of potential U.S.-Iran technical talks.
The Dow Jones Industrial Average fell sharply on geopolitical risks, while tech resilience allowed the Nasdaq to eke out a marginal gain.