
Major US indices open sharply lower led by the NASDAQ and the Russell 2000

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Major US stock indices opened sharply lower, with the Dow down 415 points (-0.83%) at 49,650, S&P down 89 points (-1.20%) at 7,411, NASDAQ down 451 points (-1.69%) at 26,186, and Russell 2000 down 57 points (-2.0%) at 2,806.47. Notable losers include Arm (-7.26%), Intel (-5.68%), and Alibaba (-4.55%). Cerebra, which IPOed yesterday, is trading at $305, down 2.4%. Nvidia is down 3.6%.
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