U.S. stocks opened: The three major indexes had mixed gains and losses, SK Hynix ADR rose more than 11%
The Dow fell 0.2%, the Nasdaq rose 0.56%, and the S&P 500 rose 0.31%. Semiconductor and storage concept stocks rose. SK Hynix ADR rose by more than 11%, SanDisk rose by more than 7%, Micron Technology rose by more than 5%, and Intel rose by nearly 4%. IBM fell more than 22%, and the company's preliminary second-quarter revenue fell short of expectations.
The Dow fell 0.2%, the Nasdaq rose 0.56%, and the S&P 500 rose 0.31%. Semiconductor and storage concept stocks rose. SK Hynix ADR rose by more than 11%, SanDisk rose by more than 7%, Micron Technology rose by more than 5%, and Intel rose by nearly 4%. IBM fell more than 22%, and the company's preliminary second-quarter revenue fell short of expectations. (