U.S. stocks open lower as AI names slide, with Astera Labs down 5.46%

U.S. stocks open lower as AI names slide, with Astera Labs down 5.46%

N
News Editor
2026-10-07 13:31:08
U.S. stocks opened lower, according to data from MSX.COM, with the Dow Jones Industrial Average down 0.63%, the S&P 500 off 0.4%, and the Nasdaq down 0.57%. The VIX volatility index rose 5.06% at the open. AI-related stocks broadly moved lower, led by Astera Labs, which fell 5.46%. Teradyne dropped 4.54%, Marvell lost 3.15%, Arm declined 3%, and Arista Networks slipped 2.71%. The update was cited by Odaily. The report also noted that MSX is an RWA trading platform that has listed hundreds of RWA tokens tied to popular U.S. equities and ETF underlyings, including Nvidia, GOOGL, MSFT, AMZN, META, TSM, and AMD.

U.S. stocks opened lower, according to MSX.COM data cited by Odaily. The Dow Jones Industrial Average fell 0.63%, the S&P 500 slipped 0.4%, and the Nasdaq declined 0.57% at the open. The VIX volatility index rose 5.06%.

AI-related stocks also traded lower across the board. Astera Labs fell 5.46%, Teradyne dropped 4.54%, Marvell lost 3.15%, Arm declined 3%, and Arista Networks was down 2.71%.

The report added that MSX is an RWA trading platform that has listed hundreds of RWA tokens, covering popular U.S. stock and ETF underlyings including Nvidia, GOOGL, MSFT, AMZN, META, TSM, and AMD.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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