US Stocks Mixed at Open as Semiconductor Sector Weakens

Markets Open with Mixed Performance

US stock markets opened with a split performance on Monday, with the Dow Jones Industrial Average down 0.35%, Nasdaq Composite edging up 0.02%, and the S&P 500 slipping 0.08%. Market sentiment remained cautious as investors adopted a wait-and-see approach toward the short-term outlook.

Semiconductor Sector Underperforms

Technology stocks showed weak performance, particularly in the semiconductor segment. Shares of a major chipmaker plummeted more than 13% following its revenue forecast for the first quarter that fell short of market expectations. This news dragged down the broader sector and raised concerns among investors about the earnings outlook for other tech firms.

• Dow Jones down 0.35%
• Nasdaq up 0.02%
• S&P 500 down 0.08%

Analysts noted that recent volatility in tech stocks is closely tied to the broader macroeconomic environment. With ongoing interest rate policies, market expectations for tech sector profitability may continue to adjust.