Nasdaq and Dow Jones Open Lower Amid Iran Optimism Wavers

The Nasdaq and Dow Jones opened lower as optimism over a potential Iran ceasefire wavered. The Dow Jones fell 0.8%, the S&P 500 dropped 0.7%, and the Nasdaq slipped 0.9%. Losses were led by consumer and tech names, with Estée Lauder dropping 7.4% and Fair Isaac down 5.8%. Retail and consumer stocks were also weaker, with Dollar General down 4.5% and Best Buy off 3.8%.