U.S. stocks opened in the red, according to Gate market data, with the Dow Jones Industrial Average down 0.64%, the S&P 500 off 0.43%, and the Nasdaq lower by 0.47%. In individual names, Nvidia (NVDA.O) gained 2.3% after the company announced a $150 billion increase in its stock buyback authorization. Meta Platforms (META.O) fell 0.9%, following a nearly 13% gain over the previous week. SpaceX (SPCX.O) was close to flat, with its Starship reaching orbit for the first time. The move in the major indexes and these widely watched stocks came at the U.S. market open.
U.S. stocks opened lower, according to Gate market data. The Dow Jones Industrial Average fell 0.64%, the S&P 500 slipped 0.43%, and the Nasdaq dropped 0.47%.
Among individual stocks, Nvidia (NVDA.O) rose 2.3% after the company announced a $150 billion increase in its stock buyback authorization. Meta Platforms (META.O) fell 0.9% after gaining nearly 13% over the previous week. SpaceX (SPCX.O) was close to flat, with its Starship reaching orbit for the first time.
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