U.S. stocks opened lower, with the Dow Jones Industrial Average down 0.55%, the S&P 500 down 0.87%, and the Nasdaq Composite down 1.3%. Alphabet (GOOG.O) fell 6.6% after its 2026 capital expenditure guidance far exceeded expectations. NIO (NIO.N) rose 7.9% after expecting its first quarterly profit in Q4. Dingdong Maicai (DDL.N) fell 12% after Meituan proposed to acquire it for $717 million.