U.S. Stock Market Opens with Declines Amid Tech Sector Challenges

The U.S. stock market opened with significant declines as major indices experienced a downturn. According to ChainCatcher, the Dow Jones Industrial Average fell by 0.72%, the S&P 500 dropped by 1.28%, and the Nasdaq Composite decreased by 1.58%. Nvidia's shares declined by 2.4% following the suspension of key component production for its H200 chips by a supplier. Novo Nordisk saw a 3.4% drop, while Amazon's stock fell by 2.3% amid expectations of continued layoffs in the future.