STOCKS | U.S. Stock Market Opens Lower Amid Netflix and Amazon Developments

The U.S. stock market opened with declines as major indices showed downward movement. According to Jin10, the Dow Jones Industrial Average fell by 0.75%, the S&P 500 dropped 0.82%, and the Nasdaq decreased by 1.2%. Netflix shares surged by 10.83% following the company's announcement to withdraw from the acquisition battle for Warner Bros. Discovery. Meanwhile, Amazon shares fell by 0.44% after the company revealed its collaboration with OpenAI, participating in OpenAI's new $110 billion investment round with a contribution of $50 billion.