US Stocks Snapshot-Wall St opens lower as chip rout extends; Netflix slides
SPY•Wall Street opens lower as chip rout extends
July 17 (Reuters) - Wall Street's main indexes opened lower on Friday, with a reassessment of this year's AI-fueled rally by investors deepening a selloff in chip stocks and a weak forecast from Netflix adding to the pressure.
The Dow Jones Industrial Average .DJI fell 126.5 points, or 0.24%, at the open to 52,426.46. The S&P 500 .SPX fell 86.2 points, or 1.14%, at the open to 7,447.52, while the Nasdaq Composite .IXIC dropped 469.7 points, or 1.81%, to 25,412.259 at the opening bell.
