US stocks open, storage sector leads the decline, crypto concept stocks fall broadly
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US stocks open, storage sector leads the decline, crypto concept stocks fall broadly
According to Bitget market data, as the US stock market opened, the three major indices showed divergent trends: the Dow rose 0.6%, the S&P 500 Index fell 0.01%, and the Nasdaq fell 0.4%. The storage sector continued to face pressure, with Micron Technology (MU.O) falling over 6% and SanDisk (SNDK.O) falling over 8%.
Navigating Web3 tides with focused insightsTechFlow News, July 28, according to Bitget market data, as the US stock market opened, the three major indices showed divergent trends: the Dow Jones up 0.6%, the S&P 500 down 0.01%, and the Nasdaq down 0.4%. Storage concepts continued to face pressure, with Micron Technology (MU.O) falling over 6% and SanDisk (SNDK.O) falling over 8%.
The semiconductor and storage sectors fell broadly, including: Marvell Technology (MRVL.O) down 4.75%; NVIDIA (NVDA) down 0.92%; Intel (INTC) down 4.69%; AMD (AMD) down 4.66%; Broadcom (AVGO) down 1.27%; Qualcomm (QCOM) down 2.85%; Seagate Technology (STX) down 6.65%; Western Digital (WDC) down 6.83%; SanDisk (SNDK) down 8.87%; SK Hynix (SKHY.O) down 5.05%.
In addition, crypto-related concepts fell broadly, including: MicroStrategy (MSTR) down 2.42%; Coinbase (COIN) down 2.52%; Circle (CRCL) down 5.44%; BitMine Immersion (BMNR) down 4.44%; SharpLink Gaming (SBET) down 3.60%.
