U.S. stocks opened with tech sell-off continuing, Intel plunges 25.7%.

BlockBeats news, October 30th, according to data from the BIT stock platform, at the U.S. stock market open, the Dow fell 0.2%, the S&P 500 Index dropped 1.1%, and the Nasdaq plunged 2.2%. The tech stock sell-off continued, with Intel (INTC.O) plummeting 25.7%, as the PC winter shattered recovery expectations and free cash flow came under pressure. Amazon (AMZN.O) fell 5.3%, with Q4 outlook below expectations. Nvidia (NVDA.O) dropped 2.5%. A slew of new cloud companies followed the decline, with Nebius (NBIS.O) falling 7.3%. The gold and silver sector dropped sharply, while some oil stocks strengthened, with Exxon Mobil (XOM.N) rising 1.5%.