U.S. stock market opens, Dow Jones down 0.28%, Alibaba up 3.75%

According to Jinshi News, U.S. stocks opened with the Dow Jones Industrial Average down 0.28%, the S&P 500 down 0.44%, and the Nasdaq Composite down 0.67%. Alibaba (BABA.N) rose 3.75%, reportedly preparing a major overhaul of its AI applications to fully compete with ChatGPT. JD.com (JD.O) rose 0.13%, with third-quarter revenue exceeding expectations. Cisco (CSCO.O) rose 6.8%, having previously raised its full-year profit and revenue forecasts.