Data: U.S. stock market opens, Nasdaq down 1.06%

At the opening of the U.S. stock market, the Dow Jones fell 1%, the S&P 500 dropped 0.9%, and the Nasdaq declined 1.06%. The cryptocurrency sector saw broad declines, with COIN.O and Strategy both down over 1%, and Riot Platforms and HUT 8 Mining both falling more than 2%. Tesla (TSLA.O) dropped 1.4%.