US Stocks Open Lower; Cybersecurity Stocks Decline

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On March 27th, the three major US stock indices opened lower. The Dow Jones Industrial Average fell 0.21%, the S&P 500 dropped 0.36%, and the Nasdaq Composite declined 0.55%. Unity Software surged over 18% after the company released Q1 earnings that exceeded expectations and surpassed previous guidance. US cybersecurity stocks broadly declined, with Palo Alto Networks, CrowdStrike, and Zscaler falling over 5%, and Okta down more than 4%.

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