Mixed Openings for Three Major U.S. Stock Indices: AI Tech Stocks Retreat En Masse, Memory Sector Takes the Lead in Declines
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Author:小编   

At the opening bell, the three major U.S. stock indices presented a mixed picture. The Dow Jones Industrial Average eked out a marginal gain of 0.06%, while the S&P 500 registered a 0.31% decline, and the Nasdaq Composite Index tumbled by 0.70%. A broad pullback was observed among AI tech stocks, with the memory sector emerging as the primary drag. SK Hynix ADR plummeted by 9%, Micron Technology retreated by 5%, SanDisk dropped by 6%, and both AMD and Intel witnessed declines surpassing 4%. The optical communications sector also succumbed to widespread selling pressure, with Marvell Technology shedding approximately 5%, Corning declining by about 4%, Coherent dropping around 3%, and Lumentum slipping by roughly 2%.