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U.S. Stock Market Opens Lower; Nasdaq Falls 1.11%, OpenAI-Related Stocks Tumble

GateNews
StocksAI Industry NewsMacroeconomicsIndices

Gate News message, April 28 — U.S. stock markets opened lower on April 28, with the Nasdaq falling 1.11% and the S&P 500 declining 0.48%, while the Dow Jones Industrial Average rose 0.35%. OpenAI-related stocks faced broad-based selling pressure.

Nvidia dropped over 3%, CoreWeave fell over 7%, Oracle declined over 6%, and AMD dropped over 6%. The selloff followed reports that OpenAI recently missed its sales and new user acquisition targets.

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