the three major U.S. stock indices opened lower collectively, with the Nasdaq down 1.28%, the Dow Jones down 0.72%, and the S&P 500 down 0.99%. Tech stocks fell across the board, with Micron Technology dropping over 8%, Western Digital down over 4%, AMD down over 2%, and Nvidia and Oracle both down over 1%. Chinese concept stocks also saw widespread declines, with Alibaba falling over 8% and Baidu down over 3%.