Nasdaq Falls 1.3% at Midday Amid OpenAI Concerns

The Nasdaq Composite fell 1.28% to 24,594.92 at midday on April 28, 2026, driven by concerns over OpenAI's revenue and user growth. Tech stocks like Nvidia and AMD declined, while defensive stocks like Coca-Cola rose. The S&P 500 and Dow Jones saw mixed performance.

By Emma Newbery · Motley Fool · April 28, 2026, 16:43 UTC

Nasdaq Falls 1.3% at Midday Amid OpenAI Concerns

Tickers: $AMD $KO $NVDA $ORCL

Topics: AI Dow Jones Market Volatility Nasdaq Composite Oil Prices OpenAI S&P 500

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