The three major US stock indices opened lower, with Apple falling 2.1%. SpaceX rose 1.8% to trade above $135, back above its IPO price.

BlockBeats News, August 10th, as the U.S. stock market opened, the Dow fell 0.1%, the S&P 500 fell 0.06%, and the Nasdaq fell 0.06%. Apple (AAPL.O) dropped 2.1% as JPMorgan downgraded the company's rating; Intel (INTC.O) fell 4% as the company announced a planned $15 billion common stock offering.

SpaceX (SPCX.O) saw its stock price rise by 1.8%, returning above the $135 IPO price.