A finite element model (FEM) is used to study the behavior of the large deformation field near the tip of a crack in a soft incompressible plane stress fracture specimen loaded in mode 1. Results are obtained for the case of a neo-Hookean solid (ideal rubber) and a hyperelastic solid with exponentially hardening behavior. In contrast to the predictions of linear elastic fracture mechanics (LEFM), the near tip stress fields are dominated by the opening stress which shows a I/R singularity for the neo-Hookean material and a -1/(R ln R) singularity for the exponential hardening solid. We found very similar qualitative behavior in the near tip stress fields despite the very large difference in strain hardening behavior of the two material models. Our result shows that the near tip opening stress is controlled by the far field energy release rate for large applied loads.