Wall Street opens lower as Nvidia hammers tech stocks

(Reuters) - U.S. stocks opened lower on Friday, as technology companies suffered sharp losses following disappointing forecasts from chip companies Nvidia and Applied Materials.

The Dow Jones Industrial Average .DJI fell 46.92 points, or 0.19 percent, at the open to 25,242.35. The S&P 500 .SPX opened lower by 11.66 points, or 0.43 percent, at 2,718.54. The Nasdaq Composite .IXIC dropped 65.43 points, or 0.90 percent, to 7,193.60 at the opening bell.

(This story corrects Nasdaq's open value in second paragraph)

Reporting by Sruthi Shankar in Bengaluru; Editing by Shounak Dasgupta

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