US Stocks Open Lower, Dow Drops 0.39%

The broad-based dip at the open signals that macro headwinds remain the dominant driver for risk assets, a dynamic that often spills over into crypto and tokenized markets given their correlation with equities. For RWA-focused projects, the immediate question is whether this risk-off tone pressures liquidity or accelerates rotation toward yield-bearing on-chain assets as traditional markets wobble. The shallow magnitude suggests caution rather than panic, so the open question is whether follow-through selling emerges or buyers step in to stabilize the session.