India, June 10 -- US stock markets opened under pressure as the Dow Jones fell nearly 300-374 points while the Nasdaq and S&P 500 slipped 0.6%-0.9% amid chip-sector weakness and geopolitical tensions. Inflation rising above 4%, higher oil prices and US-Iran conflict fears added volatility. Technology stocks led declines, with semiconductor giants dragging broader indices lower across Wall Street trading.

U.S. Market Snapshot

Dow Jones

The Dow declined sharply, dragged by industrials and chip-linked components while Caterpillar (-5.2%), Boeing (-2.5%) and Nvidia (-2.1%) led losses, outweighing gains in Coca-Cola and Chevron.

Nasdaq

The Nasdaq fell nearly 1% as semiconductor pressure deepened while Qualcomm (-5.2%), Broadcom (-4.2%) an...