US stocks open in the red: S&P down 0.5%, Nasdaq slips 0.8%
US equities declined on Monday as weakness in cryptocurrencies, renewed pressure on artificial intelligence-linked stocks and rising expectations of a Bank of Japan rate hike unsettled global markets at the start of December trading. The S&P 500 fell 0.6%, the Nasdaq Composite lost 0.8%, and the Dow Jones Industrial Average dropped 275 points, or 0.6%.
