U.S. stock market opened with the Dow Jones down 0.28%, the S&P 500 index down 0.44%, and the Nasdaq 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 Q3 revenue exceeding expectations. Cisco (CSCO.O) rose 6.8% after raising its full-year profit and revenue forecasts.