Wall Street opens muted as tech jitters linger; Tesla gains
Wall Street indexes opened largely muted on Friday amid persistent concerns over the AI trade, which pressured semiconductor stocks. Tesla's gains provided some support, with the Dow and S&P 500 rising slightly while the Nasdaq fell.
By Adam,
Editor in Chief
16 Oct 2026 at 21:35 HKT
· 1 min read
Wall Street's main indexes opened largely muted on Friday as worries about cracks in the artificial-intelligence trade pressured semiconductor stocks, while gains in Tesla provided some support, Reuters reported.
The Dow Jones Industrial Average rose 130.6 points, or 0.25 per cent, at the open to 52,308.28. The S&P 500 rose 1.3 points, or 0.02 per cent, at the open to 7,745.32, while the Nasdaq Composite dropped 60 points, or 0.22 per cent, to 26,652.985 at the opening bell.