US Stock Market LIVE Updates: Dow Jones, S&P 500 to open higher; Nasdaq may fall as investors avoid tech stock bets

US Stock Market Today LIVE: The benchmark US stock market indices, Dow Jones and the S&P 500, are set to open higher, while the Nasdaq is expected to fall as investors avoid big bets on software and cloud stocks after a massive selloff on Tuesday’s market session, according to a reuters report.

The technology stocks’ concerns also loomed over investors as the losses reflect persistent concerns about how rapid advances in artificial intelligence could upend long-standing software business models.

US stock market on Tuesday

MarketWatch data showed that although the US stock market indices S&P 500 and Nasdaq opened higher, the Dow dropped at the opening bell on Tuesday, 3 February 2026. The US markets witnessed a major selloff in tech stocks as investors avoided AI bets.

On Tuesday, the Dow Jones Industrial Average dropped 0.02% to 49,396.48 points, while the S&P 500 gained 0.15% to 6,986.66 points and the Nasdaq Composite gained 0.34% to 23,671.15 points.

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