The Dow opened down 0.2%, the S&P 500 down 0.4%, and the Nasdaq down 0.5%

Tesla fell 6.9%, and Musk's renewed involvement in politics has raised concerns among investors. Prison companies GEO and CoreCivic rose 7.3% and 4.8%, respectively, as the spending and tax reduction bill includes significant increases in funding for immigration detention centers. CoreWeave will acquire cryptocurrency mining company Core Scientific for $9 billion, with Core Scientific down 17.3% and CoreWeave down 2.4%