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The three major U.S. stock indexes closed down! Memory chips counterattacked during the session, and popular Chinese concept stocks collectively strengthened

2026-07-21·newswire-us-stock-003448
The three major U.S. stock indexes closed down! Memory chips counterattacked during the session, and popular Chinese concept stocks collectively strengthened.

[Dahe Finance Cube News] On July 20, local time, the three major U.S. stock indexes collectively closed down, with the Dow Jones Industrial Average falling 0.59%, the Nasdaq Composite Index falling 0.05%, and the S&P 500 Index falling 0.19%. During the session, memory chip and optical communication concept stocks rose sharply.

SanDisk rose by more than 6%, Intel and Micron Technology rose by more than 5%, and then the gains fell slightly. In terms of optical communication concept stocks, Lumentum rose by more than 9%, Coherent rose by more than 6%, Corning, Applied Optoelectronics, and Marvel Technology rose by more than 3%.

As of the close, SanDisk rose 2.67%, Western Digital rose 2.14%, Intel rose 2.13%, Broadcom rose 1.98%, Micron Technology rose 1.94%, AMD rose 1.58%, and SK Hynix fell 1.86%. The Philadelphia Semiconductor Index rose 0.6% on Monday after falling into a bear market last week. The US Big Seven Technology Index rose 0.09%.

Microsoft rose 2.15%, Google rose 1.52%, Amazon rose 1.12%, and Nvidia rose 0.23%; Facebook fell 0.02%, Apple fell 2.14%, and Tesla fell 2.96%. This week, super large technology companies will release their first batch of financial reports, and the market will test whether the profits of large technology companies can meet the market's high expectations.

Tesla and Google will kick off the big tech earnings season on Wednesday, followed by Microsoft, Meta, Apple and Amazon the following week. Nvidia will release earnings later next month. Chinese assets generally rose again, with the Wind China Concept Technology Leading Index rising 3.41%.

Alibaba rose 4.69%, Tencent rose 3.76%, JD.com rose 3.31%, Meituan, Baidu, Xiaomi, Pinduoduo, and NetEase all rose more than 2%, and BYD rose 0.88%. The situation in the Middle East continues to be tense. On July 20, local time, the US military launched a new round of strikes against Iran.

Earlier on the same day, Iran's Islamic Revolutionary Guard Corps attacked US military targets in Bahrain and Kuwait in stages. U.S. officials confirmed on the same day that Iran's attacks this month had injured nearly 100 U.S. military personnel, and U.S. President Trump hinted that the U.S. military might launch tough retaliation against Iran.

Iranian officials said that the mediator proposed a 10-day ceasefire to Iran to ease the situation; US Secretary of State Rubio said that the United States is still open to dialogue.

The diplomatic window is not closed, but military attacks by both sides continue, the memorandum of understanding has actually broken down, and the prospect of a ceasefire remains unclear.

As of the close of the day, the price of light crude oil futures for August delivery on the New York Mercantile Exchange closed at US$83.23 per barrel, an increase of 0.9%; the price of London Brent crude oil futures for September delivery closed at US$89.22 per barrel, an increase of 1.27%. The United States announced a 50% tariff on some Canadian products.

On July 20, local time, the White House issued an announcement stating that the United States would impose an additional 50% ad valorem tariff on some Canadian products in response to "Canada's discriminatory measures against the United States in the trade of automobiles and auto parts." It is said that the new tariffs will take effect from 00:01 a.m.

Eastern Time on August 19, and will be levied on top of existing relevant tariffs, taxes, and other charges. [Dahecai Cube Comprehensive CCTV News, Xinhua News Agency, Wind]

#Stocks #Nvidia #Tesla #Apple #Microsoft #AMD

Full text

The three major U.S. stock indexes closed down! Memory chips counterattacked during the session, and popular Chinese concept stocks collectively strengthened

[Dahe Finance Cube News] On July 20, local time, the three major U.S. stock indexes collectively closed down, with the Dow Jones Industrial Average falling 0.59%, the Nasdaq Composite Index falling 0.05%, and the S&P 500 Index falling 0.19%. During the session, memory chip and optical communication concept stocks rose sharply. SanDisk rose by more than 6%, Intel and Micron Technology rose by more than 5%, and then the gains fell slightly. In terms of optical communication concept stocks, Lumentum rose by more than 9%, Coherent rose by more than 6%, Corning, Applied Optoelectronics, and Marvel Technology rose by more than 3%.

[Dahe Finance Cube News] On July 20, local time, the three major U.S. stock indexes collectively closed down, with the Dow Jones Industrial Average falling 0.59%, the Nasdaq Composite Index falling 0.05%, and the S&P 500 Index falling 0.19%. During the session, memory chip and optical communication concept stocks rose sharply. SanDisk rose by more than 6%, Intel and Micron Technology rose by more than 5%, and then the gains fell slightly. In terms of optical communication concept stocks, Lumentum rose by more than 9%, Coherent rose by more than 6%, Corning, Applied Optoelectronics, and Marvel Technology rose by more than 3%. As of the close, SanDisk rose 2.67%, Western Digital rose 2.14%, Intel rose 2.13%, Broadcom rose 1.98%, Micron Technology rose 1.94%, AMD rose 1.58%, and SK Hynix fell 1.86%. The Philadelphia Semiconductor Index rose 0.6% on Monday after falling into a bear market last week. The US Big Seven Technology Index rose 0.09%. Microsoft rose 2.15%, Google rose 1.52%, Amazon rose 1.12%, and Nvidia rose 0.23%; Facebook fell 0.02%, Apple fell 2.14%, and Tesla fell 2.96%. This week, super large technology companies will release their first batch of financial reports, and the market will test whether the profits of large technology companies can meet the market's high expectations. Tesla and Google will kick off the big tech earnings season on Wednesday, followed by Microsoft, Meta, Apple and Amazon the following week. Nvidia will release earnings later next month. Chinese assets generally rose again, with the Wind China Concept Technology Leading Index rising 3.41%. Alibaba rose 4.69%, Tencent rose 3.76%, JD.com rose 3.31%, Meituan, Baidu, Xiaomi, Pinduoduo, and NetEase all rose more than 2%, and BYD rose 0.88%. The situation in the Middle East continues to be tense. On July 20, local time, the US military launched a new round of strikes against Iran. Earlier on the same day, Iran's Islamic Revolutionary Guard Corps attacked US military targets in Bahrain and Kuwait in stages. U.S. officials confirmed on the same day that Iran's attacks this month had injured nearly 100 U.S. military personnel, and U.S. President Trump hinted that the U.S. military might launch tough retaliation against Iran. Iranian officials said that the mediator proposed a 10-day ceasefire to Iran to ease the situation; US Secretary of State Rubio said that the United States is still open to dialogue. The diplomatic window is not closed, but military attacks by both sides continue, the memorandum of understanding has actually broken down, and the prospect of a ceasefire remains unclear. As of the close of the day, the price of light crude oil futures for August delivery on the New York Mercantile Exchange closed at US$83.23 per barrel, an increase of 0.9%; the price of London Brent crude oil futures for September delivery closed at US$89.22 per barrel, an increase of 1.27%. The United States announced a 50% tariff on some Canadian products. On July 20, local time, the White House issued an announcement stating that the United States would impose an additional 50% ad valorem tariff on some Canadian products in response to "Canada's discriminatory measures against the United States in the trade of automobiles and auto parts." It is said that the new tariffs will take effect from 00:01 a.m. Eastern Time on August 19, and will be levied on top of existing relevant tariffs, taxes, and other charges. [Dahecai Cube Comprehensive CCTV News, Xinhua News Agency, Wind]

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