India, Oct. 16 -- The US stock market traded mixed at the opening bell on Friday, October 16, as the Dow Jones Industrial Average and S&P 500 moved higher while the Nasdaq Composite declined amid continued pressure on technology and semiconductor stocks. Investors remained cautious as rising oil prices, inflation concerns and uncertainty over the Federal Reserve's next interest-rate decision kept Wall Street on edge.

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The Dow Jones rose 0.60%, while the S&P 500 gained 0.10% and the Nasdaq Composite fell 0.40% at the open, according to an Associated Press market report. The market's uneven performance reflected a broader shift away from some technology stocks as investors assessed the cost of financing artificia...