S&P 500 Opens 0.15% Lower at 7,795.27; Dow Gains 0.47%

The divergence between the Dow and the tech-heavy S&P 500 and Nasdaq points to rotation rather than broad risk-off sentiment, with the Dow's gain suggesting strength in more traditional, value-oriented sectors. For crypto and RWA markets, this matters mainly as a read on risk appetite: when capital rotates away from growth and tech, digital assets often face the same headwind, though the modest scale of the moves here limits how much signal can be drawn. Whether the tech underperformance extends into a broader risk-asset repricing is the open question.