Tech stocks were sold off at the open in US trading, with Intel plunging 25.7%.

U.S. stocks opened lower, with the Dow Jones Industrial Average down 0.2%, the S&P 500 down 1.1%, and the Nasdaq Composite down 2.2%. Intel (INTC.O) plunged 25.7%, Amazon (AMZN.O) fell 5.3%, Nvidia (NVDA.O) dropped 2.5%, Nebius (NBIS.O) declined 7.3%, and ExxonMobil (XOM.N) rose 1.5%.