US Stocks Open Lower as Nasdaq Drops 1.31%, Tech Stocks Slump

US Stocks Open Lower as Nasdaq Drops 1.31%, Tech Stocks Slump

N
News Editor
2026-09-01 13:31:26
US stocks opened lower on Tuesday, with the Dow falling 0.64%, the S&P 500 dropping 0.71%, and the Nasdaq declining 1.31%. Major tech stocks were broadly weaker, with Intel and Qualcomm down nearly 3%, AMD and Meta falling over 2%, and Tesla, Alibaba, and Nvidia dropping nearly 2%.
According to Gate exchange data, U.S. stocks opened lower on Tuesday.

The Dow Jones Industrial Average fell 0.64%, the S&P 500 dropped 0.71%, and the Nasdaq Composite declined 1.31%.

Major technology stocks saw broad declines. Intel (INTC.O) and Qualcomm (QCOM.O) each fell nearly 3%. AMD (AMD.O) and Meta Platforms (META.O) dropped more than 2%. Tesla (TSLA.O), Alibaba (BABA.N), and Nvidia (NVDA.O) were all down nearly 2%.
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