U.S. Stock Market Opens Lower; Chip and Storage Sector Declines
The three major U.S. stock indices opened lower, with the Nasdaq down 1.08%, the Dow Jones down 0.18%, and the S&P 500 down 0.55%. The chip and storage sector saw widespread declines, with SanDisk and Micron Technology both falling over 3%. MARA Holdings rose over 4% after announcing a $1 billion buyback of convertible senior notes and the sale of 15,133 bitcoins. Nvidia's stock dropped 1.58%, Apple's stock fell 0.59%, Alphabet Inc. (Class A) shares decreased by 1.95%, Microsoft shares were down 0.22%, Amazon's stock fell 1.16%, Meta Platforms Inc. Class A shares dropped 2.79%, Tesla's stock decreased by 1.16%, and Netflix's stock fell 1.05%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Concerns about AI investment returns continue to ferment! The Nasdaq 100 Index has entered a correction for the third time this year, falling more than 10% from its October high.
As concerns mount on Wall Street over the returns from tech giants' massive investments in artificial intelligence, the Nasdaq 100 index fell into a technical correction again on Monday.
ON Semiconductor (ON.US) Q3 performance and Q4 guidance both exceed expectations; raises 2030 AI data center revenue target to over $3 billion
Onsemi released its financial results for the third quarter of 2026 after the U.S. stock market closed on Monday, November 2.
Apple (AAPL.US) sets record highs in Q4 revenue and iPhone sales; Greater China region emerges as a concern
Apple (AAPL.US) released its financial report after the U.S. stock market closed on Monday.
Crypto prices
More
