Nasdaq Slides 0.8% at Open as AI Selloff Deepens; Semis ETF Plunges 2.9%

The Nasdaq fell about 0.8% at the Apr. 28, 2026 open as AI stocks extended losses from a Wall Street Journal report revealing OpenAI missed user and revenue targets. Premarket US Tech 100 futures had dropped ~1.3%, led by Broadcom (-5%), Micron (-4%), and Nvidia (-3%), with the iShares Semiconductor ETF now down ~2.9% and snapping a winning streak. The Dow rose ~0.2% while S&P 500 slipped 0.3%, amid rising Treasury yields (~4.37% on 10-year), Bitcoin near $76,200, and WTI crude at $101.20, heightening volatility ahead of Fed meeting and tech earnings.