The three major U.S. stock indexes collectively opened lower, with Intel rising more than 13%.

The three major U.S. stock indexes collectively opened lower, with the Nasdaq down 0.28%, the S & P 500 down 0.09% and the Dow down 0.14%. Intel rose more than 13%, and the company named industry veteran Chen Liwu as CEO. Trump threatened to impose 200% tariffs on European Union alcohol products. Remy Cointreau fell about 4% and LVMH fell more than 1%.