The Nasdaq fell more than 500 points, U.S. semiconductor stocks rose and turned red, and SK Hynix rose 6%
On the evening of July 23, Beijing time, the three major U.S. stock indexes opened lower. As of around 22:20, the Dow fell nearly 1%, the Nasdaq fell more than 500 points and nearly 2%, and the S&P 500 fell more than 1%. The "Seven Technology Giants" collectively fell, with Tesla's stock price falling by more than 13% and Google's stock price falling by more than 6.8%. The Philadelphia Semiconductor Index opened lower and turned higher. Semiconductor hardware stocks rose strongly. SK Hynix rose more than 6%, Micron Technology rose more than 2.7%, Seagate rose more than 2%, and SanDisk rose more than 1.5%. ASML, Intel, and Broadcom all turned higher.
On the evening of July 23, Beijing time, the three major U.S. stock indexes opened lower. As of around 22:20, the Dow fell nearly 1%, the Nasdaq fell more than 500 points and nearly 2%, and the S&P 500 fell more than 1%. The "Seven Technology Giants" collectively fell, with Tesla's stock price falling by more than 13% and Google's stock price falling by more than 6.8%. The Philadelphia Semiconductor Index opened lower and turned higher. Semiconductor hardware stocks rose strongly. SK Hynix rose more than 6%, Micron Technology rose more than 2.7%, Seagate rose more than 2%, and SanDisk rose more than 1.5%. ASML, Intel, and Broadcom all turned higher. In terms of commodities, spot gold fell below the US$4,050 mark, spot silver fell by more than 3% during the day, Brent oil and US oil both rose, and Brent crude oil futures once exceeded US$100 per barrel, hitting a new high since May 22.