US Stocks Open: Dow Falls 0.6%, Walmart Drops 7%

According to Gate market data, US stocks opened with the Dow down 0.6%, the S&P 500 down 0.3%, and the Nasdaq down 0.5%. Micron Technology rose 0.4%, planning to invest $10 billion over ten years. Walmart fell 7% as Q2 same-store sales growth hit a six-year low, with full-year earnings guidance below expectations. SK Hynix rose 4% after reaching a preliminary wage agreement with labor. Alibaba fell 4.7% post-earnings, while NetEase dropped 0.5% post-earnings.