The three major U.S. stock indexes opened lower collectively, with a certain exchange falling more than 4%.

Jinse Finance reported that at the opening of the US stock market, the Dow Jones fell by 0.68%, the S&P 500 Index dropped by 1.12%, and the Nasdaq fell by 1.58%. Tesla (TSLA.O) dropped about 3% after Norway's sovereign wealth fund decided to vote against Musk's trillion-dollar compensation plan. Cryptocurrency-related stocks generally declined, with Riot Platforms (RIOT.O) and Robinhood (HOOD.O) both falling around 5%, and a certain exchange dropping more than 4%.