[Fed Rate Hike Expectations Cool, Nasdaq Opens Up 1.2%] Weak non-farm payroll data has cooled expectations for Fed rate hikes, and the three major U.S. stock indices opened higher collectively. The Nasdaq rose 1.22%, the Dow Jones rose 0.63%, and the S&P 500 rose 0.85%. The 'Big Seven Tech Giants' all opened higher: Apple rose 0.87%, Tesla rose 1.6%, Microsoft rose 1.45%, Amazon rose 1.7%, Nvidia rose 2.3%, Google rose 1.3%, and Meta rose 1.3%. HDD stocks opened sharply lower, with Seagate Technology down over 15% and Western Digital down over 9%.