Nasdaq Opens 0.43% Down as Storage Concept Stocks Keep Sliding, SanDisk Plummets Nearly 10%
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Author:小编   

On July 28, the three major U.S. stock indices exhibited divergent trends at the market open. The Dow Jones Industrial Average edged up by 0.71%, while the S&P 500 index experienced a marginal dip of 0.03%. In contrast, the Nasdaq Composite Index took a hit, falling by 0.43%. The memory chip sector maintained its bearish momentum, with notable declines in stocks such as SanDisk and Western Digital. Corning's stock tumbled more than 14% after its third-quarter core sales forecast fell short of market expectations. Meanwhile, Coca-Cola's shares surged over 5%, buoyed by its second-quarter net revenue and adjusted earnings per share surpassing forecasts, prompting the company to raise its full-year performance outlook.