U.S. stocks "sell the news", Nasdaq falls more than 1%, Micron opens higher but closes lower, storage stocks remain resilient.
BlockBeats News, June 25th, according to Bitget market data, after the opening of the US stock market today, a "sell the news" phenomenon occurred. The Nasdaq 100 index changed from rising to falling within 30 minutes, with the decline expanding to more than 1%. Previously, it had risen by 2.1%. Constituent stock Strategy dropped 7.1%, Applovin fell 6.3%, Rocket Lab decreased by 6%, Apple fell 5.1%, ranking fourth from the bottom; Arm Holdings, Marvell Technology, and NVIDIA each dropped by at least 2.9%.
Storage stocks showed resilience: Western Digital rose 3.6%, Micron climbed 8.6%, SanDisk jumped 10.6%.
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.
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