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US stocks open mixed: Dow falls 1%, Nasdaq 100 rises 1.5%, chip index up 5.4%

US stocks opened mixed on Friday, with the Dow down 1% while the Nasdaq 100 gained 1.5% and the semiconductor index jumped 5.4%. SanDisk rose 10.4%, and Nebius, AMD, Western Digital, Seagate, TSMC, Micron, Intel, SK Hynix ADRs and Nvidia climbed as much as 7.4%, while Apple and Microsoft fell up to 1.6%. October nonfarm payrolls rose by 165,000 with prior months revised higher and unemployment at 4.1%, prompting traders to increase bets on a December Fed rate hike.

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