On October 15, the US stock market commenced trading with mixed results across its three key indices. The Dow Jones Industrial Average registered a 0.46% increase, while the S&P 500 Index saw a 0.4% decline, and the Nasdaq Index tumbled by 1.29%. Notably, the chip sector continued its downward trajectory, opening lower for the fourth consecutive day this week. The Philadelphia Semiconductor Index plummeted by 3.8% at the market's open. Among the sector's heavyweights, SK Hynix and SanDisk both plummeted more than 6%, Micron Technology experienced a 3.9% drop, Western Digital fell over 5%, and NVIDIA saw its shares decline by more than 3%.
