The Dow opened down 0.01%, the S&P 500 rose 0.2%, and the Nasdaq rose 0.4%.

Lumentum, the leader in optical communication, rose by 4.8% with orders expected to be filled until 2028. CoreWeave rose by 1.6% after reaching a multi-year cooperation agreement with Anthropic. Software company ServiceNow fell by 1.5% as UBS downgraded its rating from "buy" to "neutral." TSMC rose by 2.6% after exceeding revenue expectations in the first quarter, with record high monthly revenue.