US Stocks Opened Mixed, AI Tech Stocks Retreat with Memory Sector Leading Declines
The three major U.S. stock indexes opened mixed. The Dow Jones Industrial Average rose 0.06%, the S&P 500 fell 0.31%, and the Nasdaq Composite fell 0.70%. AI tech stocks collectively retreated, with the memory sector leading the declines. SK Hynix ADR fell 9%, Micron Technology fell 5%, and SanDisk fell 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.
You may also like
AstraZeneca (AZN.US) invests in Summit (SMMT.US), gaining positive outlooks from JPMorgan and Citi: Cancer drug strategy awaits validation
Analysts from JPMorgan and Citi have welcomed the deal between AstraZeneca and Summit Therapeutics, stating that it aligns with AstraZeneca's cancer strategy.
The United States relaxes fuel standards, significantly reducing technology costs for automakers: General Motors (GM.US) is expected to save 20.4 billion dollars, and the price per vehicle may drop by nearly 1,300 dollars.
The United States has relaxed fuel economy standards, allowing automakers to save $60.6 billions in technology costs by 2031, with the cost per vehicle expected to decrease by $1,289.
Crypto prices
More
