U.S. stocks opened lower, with the Dow Jones down 0.28% and Alibaba up 3.75%.

ChainCatcher news, according to Golden Ten Data, at the opening of the US stock market, the Dow Jones Industrial Average fell by 0.28%, the S&P 500 Index dropped by 0.44%, and the Nasdaq Composite Index declined by 0.67%. Alibaba (BABA.N) rose by 3.75%, reportedly preparing a major overhaul of its AI application to fully compete with ChatGPT. JD.com (JD.O) increased by 0.13%, with third-quarter revenue exceeding expectations. Cisco (CSCO.O) rose by 6.8% after raising its full-year profit and revenue forecasts.