US open: Tech stocks lift Nasdaq as Dow extends losses in mixed open

2nd Jan 2026 11:59

(Sharecast News) - Wall Street trading got off to a mixed start on Friday as big-name tech firms looked set to carry their recent strong performance over into the new year.

As of 1515 GMT, the Dow Jones Industrial Average was down 0.26% at 47,939.65, while the S&P 500 advanced 0.35% to 6,869.35, and the Nasdaq Composite came out of the gate 0.90% firmer at 23,452.07.

The Dow opened 123.64 points lower on Friday, extending losses recorded in the previous session as the blue-chip index wrapped up what was a solid year on a dour note.

Nvidia traded higher early on Friday, as did Apple and Alphabet, as investors continued to back the artificial intelligence trade, which drove the broader market to sharp gains in 2025. Tesla was also in the green despite the electric carmaker posting Q4 delivered that fell short of analyst estimates.

On the macro front, S&P Global's manufacturing purchasing managers index fell to 51.80 in December, down from 52.20 in November, marking the weakest expansion in the last five months. New orders fell for the first time in twelve months, while exports dropped for a seventh month in a row, as tariffs and trade tensions weighed on sentiment.

No corporate earnings were slated for release on Friday.

Reporting by Iain Gilbert at Sharecast.com

Dow Jones - Risers

American Express Co. (AXP) $368.43 0.00%

Walmart Inc. (WMT) $113.56 0.00%

International Business Machines Corporation (CDI) (IBM) $293.14 0.00%

Verizon Communications Inc. (VZ) $40.52 0.00%

Dow Jones - Fallers

Microsoft Corp. (MSFT) $480.06 -0.74%

Visa Inc. (V) $344.24 0.00%

Unitedhealth Group Inc. (UNH) $327.90 0.00%

Amgen Inc. (AMGN) $327.31 0.00%

S&P 500 - Risers

Broadcom Inc. (AVGO) $358.21 3.50%

Microchip Technology Inc. (MCHP) $64.58 1.35%

Skyworks Solutions Inc. (SWKS) $63.92 0.80%

Cadence Design Systems Inc. (CDNS) $313.91 0.43%

United Airlines Holdings Inc (UAL) $111.84 0.02%

Principal Financial Group Inc (PFG) $88.21 0.01%

S&P 500 - Fallers

Sba Communications Corp. (SBAC) $191.36 -1.07%

Nektar Therapeutics (NKTR) $41.91 -0.88%

Microsoft Corp. (MSFT) $480.06 -0.74%

Intuitive Surgical Inc. (ISRG) $562.66 -0.65%

NetApp Inc. (NTAP) $106.49 -0.56%

Costco Wholesale Corp. (COST) $860.92 -0.16%

Equinix, Inc. (EQIX) $764.98 -0.15%

Marriott International - Class A (MAR) $309.92 -0.10%

Nasdaq 100 - Risers

Broadcom Inc. (AVGO) $358.21 3.50%

Sirius XM Holdings Inc (SIRI) $20.42 2.13%

Microchip Technology Inc. (MCHP) $64.58 1.35%

Skyworks Solutions Inc. (SWKS) $63.92 0.80%

Cadence Design Systems Inc. (CDNS) $313.91 0.43%

Nasdaq 100 - Fallers

Microsoft Corp. (MSFT) $480.06 -0.74%

Intuitive Surgical Inc. (ISRG) $562.66 -0.65%

Costco Wholesale Corp. (COST) $860.92 -0.16%

Marriott International - Class A (MAR) $309.92 -0.10%