Nonfarm payrolls significantly exceeded expectations; the three major U.S. stock indexes showed diverging trends at the open

According to data from MSX.COM, U.S. stocks opened with the Dow Jones up 0.1%, the S&P 500 down 0.6%, and the Nasdaq down 1.2%. Most chip stocks declined, with Arm (ARM.O) falling over 5%, Micron Technology (MU.O) dropping over 4%, Marvell Technology (MRVL.O) down 6%, and Intel (INTC.O) falling over 5%.

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