The Nasdaq opened 1.55% lower and the Meta fell over 4% Golden Finance reported that the three major US stock indices opened lower, with the Dow Jones falling 0.44%, the S&P 500 falling 0.91%, and the Nasdaq Composite falling 1.55%. The performance outlook given by chip equipment manufacturer Panlin Group is disappointing, with its stock price opening more than 9% lower. After Tesla reduced its spending plan, its stock price fell by 2.8%. Meta fell more than 4%, with the company's total future expenditure commitments reaching $825 billion. IBM fell more than 4%, with third quarter revenue of $17.1 billion, a year-on-year increase of 4.7%.