NEW YORK, Nov 12, 2025 (BSS/AFP) - Wall Street stocks opened mostly lower Tuesday as some high-flying tech names retreated following the prior session's rally on hopes that Congress would approve a deal to reopen the US government.

Shares of Nvidia dropped 2.5 percent following SoftBank's disclosure that it sold $5.8 billion in the chip company, while pumping funds into other tech companies. Google parent Alphabet as well as Microsoft also fell.

About 15 minutes into trading, the tech-rich Nasdaq Composite Index was down 0.5 percent at 23,406.60.

The Dow Jones Industrial Average gained 0.2 percent to 47,446.83, while the broad-based S&P 500 declined 0.2 percent to 6,819.65.

The lofty valuations of AI-focused companies "might be inducing investors taking some money off the table in the larger cap stocks," said Peter Cardillo of Spartan Capital Securities.

The longest-ever US government shutdown on Monday night moved forward toward an eventual resolution, after several Democratic senators broke ranks to join Republicans in a 60-40 vote passing a compromise deal.

The reopening of the government would trigger a release of US economic reports on labor, consumer prices and other key benchmarks in the coming weeks.

While financial markets are open Tuesday, government offices are closed for the Veterans Day holiday.