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Wall St opens muted as tech jitters linger; Tesla gains

By Thomson Reuters Oct 16, 2026 | 8:36 AM

Oct 16 (Reuters) – Wall Street’s main indexes opened ​largely muted ‌on Friday as worries about cracks in the ‌AI ​trade pressured ⁠semiconductor stocks, ⁠while gains in Tesla provided some support.

The Dow ​Jones Industrial Average rose ⁠130.6 points, ⁠or 0.25%, ​at the open ​to 52,308.28. The S&P ‌500 rose 1.3 points, or 0.02%, at ⁠the open to 7,745.32, while the Nasdaq ⁠Composite ‌dropped 60 ⁠points, or ​0.22%, ‌to 26,652.985 ​at the ⁠opening bell.

(Reporting by Purvi Agarwal in Bengaluru; Editing by Joyjeet ​Das)