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US stock market fell at open on Monday as traders await a number of key releases, including Nvidia earnings and the September jobs report. The Dow Jones Industrial Average fell 126 points, or 0.3%. The S&P 500 slid 0.4%, and the tech-heavy Nasdaq Composite lost 0.5%.
Seven out of 11 sectoral indices on the S&P 500 fell.
Google parent Alphabet Inc. rose 4% after Warren Buffett’s Berkshire Hathaway Inc. revealed it had taken a stake in the company.
Nvidia Corp. was down over 1% ahead of third-quarter results, which are slated for release on Wednesday. The chipmaker and other names in the AI trade were a source of recent pressure as investors have grown anxious about stretched valuations.
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