Wall Street Opens Soft; Tech Drag Pushes Nasdaq Lower While Dow Shows Resilience

What Happened

US equities opened on a cautious note as investors weighed fading optimism around geopolitical developments and continued weakness in large technology stocks. Technology shares remained under pressure, while some financial and industrial stocks offered support to the broader market. Nasdaq falling 0.57% to 26,453, the S&P 500 declining 0.27% to 7,732, and the Dow Jones slipping 0.19% to 53,872. Tech stocks led the decline as Alphabet (-2.97%) and Amazon (-2.17%) dragged sentiment, while Meta (+1.64%) and JPMorgan (+0.66%) provided some support.