The three major U.S. stock indexes closed down collectively, with semiconductor and storage concept stocks plummeting
The three major U.S. stock indexes collectively closed down. The Dow fell 0.2%, the Nasdaq fell 1.47%, and the S&P 500 fell 0.51%. Most large technology stocks fell. Google fell more than 4%, and SpaceX fell more than 3%. The closing price was lower than the IPO price for the first time. Nvidia and Meta fell more than 2%, and Apple and Microsoft rose more than 1%. Semiconductor and storage concept stocks fell sharply. SK Hynix fell by more than 13%, SanDisk fell by more than 12%, Seagate Technology fell by 10%, Western Digital fell by more than 9%, Intel, Arm, AMD, Broadcom, and Micron Technology fell by more than 5%, and Qualcomm fell by more than 4%.
The three major U.S. stock indexes collectively closed down. The Dow fell 0.2%, the Nasdaq fell 1.47%, and the S&P 500 fell 0.51%. Most large technology stocks fell. Google fell more than 4%, and SpaceX fell more than 3%. The closing price was lower than the IPO price for the first time. Nvidia and Meta fell more than 2%, and Apple and Microsoft rose more than 1%. Semiconductor and storage concept stocks fell sharply. SK Hynix fell by more than 13%, SanDisk fell by more than 12%, Seagate Technology fell by 10%, Western Digital fell by more than 9%, Intel, Arm, AMD, Broadcom, and Micron Technology fell by more than 5%, and Qualcomm fell by more than 4%. Computer hardware, silver stocks, and cryptocurrency concepts all fell. Super Micro Computer and Robinhood fell by more than 8%, American Silver Company and Circle fell by more than 7%, Quantum fell by more than 6%, Dell Technologies fell by more than 5%, and Coinbase fell by more than 4%. Medical equipment, freight, and food retail stocks rose. Global Logistics Holdings rose more than 8%, XPO rose more than 7%, and Stari Medical, Stryker, and Mondelez rose more than 4%. (