US equity markets opened in negative territory on Thursday, with broad-based selling in the technology sector leading the decline.

The downturn marks a continuation of the cautious tone that has characterized the session, as investors remain sensitive to valuation pressures in high-growth names.

The Nasdaq Composite and Dow Jones Industrial Average both slipped at the open, reflecting the weight of tech-heavy indices.

This follows a similar pattern on Tuesday, when broad-based selling in the technology sector also led the decline, signaling persistent headwinds for the group.

The semiconductor sector remains a focal point of this volatility.

TSMC, the world's largest contract chipmaker, released its quarterly results today, adding to the data flow for investors assessing the health of the AI supply chain.