The Dow opened down 0.1%, the S&P 500 down 0.1%, and the Nasdaq down 0.2%.

Meiwei Technology rose by 5.5%, with reports that SoftBank is considering merging it with Arm. Lyft rose by 5.0%, with expectations that Q4 total bookings will exceed expectations. Stagwell rose by 41.2%, announcing a partnership with Palantir. Qualcomm fell by 2.6%, with the company stating that the modem business will lose Apple as a customer.