US Markets Open Lower with Dow Down 0.8% and Nasdaq Down 0.12%

US equities opened lower with the Dow down 0.8%. AI stocks showed mixed performance, with NVIDIA falling 0.61% while Seagate surged 7% and Micron rose 2%.

Woofun AI data shows that the U.S. stock market opened lower on July 29, with the Dow Jones Industrial Average declining by 0.8%, the S&P 500 dropping 0.18%, and the Nasdaq Composite falling 0.12%. GlobalFoundries shares rose 0.57% amid expectations of receiving up to $300 million in government funding.

AI sector equities displayed mixed movements. SK Hynix opened approximately 1% lower, while NVIDIA declined by 0.61%. In contrast, semiconductor stocks performed strongly, with Micron rising about 2% and Seagate increasing by 7%.