S&P 500 opens down 0.13% as Nasdaq falls 0.69%, Dow rises 0.61%

The split open is the story here: a Dow gain alongside a Nasdaq decline points to rotation rather than a broad risk-off move, with the tech-heavy index carrying the weakness while blue-chip exposure holds up. That divergence matters most for anyone reading index-level performance as a single market signal, since the three benchmarks are telling different stories on the same morning. Whether the gap between the Dow and Nasdaq persists through the session, or converges as trading develops, is the open question worth watching.