US stocks closed lower in semiconductors, storage, optical communications and Neocloud, with arm and CRDO both down more than 8%

BlockBeats news, September 29, according to bit (bit.com) market data, US stocks closed on Monday (September 28), the three major indexes fell collectively, the Dow index fell 0.67%, the S&P 500 index fell 0.77%, the Na index fell 0.92%.

Semiconductor stocks fell more, rose less. Arm (arm) is down 8.70%, Qualcomm (QCOM) is down 7.17%, Intel (INTC) is down 5.67%, MRVL is down 3.83%, AMD is down 3.61% and Nvidia (NVDA) is up 1.68%.

The storage sector was mostly down. SK Hynix (SKHY) was down 5.03%, SanDisk (SNDK) was down 3.65%, Micron Technologies (MU) was down 2.62%, and Western Digital (WDC) was down 0.78%.

Optical communication concept stocks fell across the board. Credo (CRDO) fell 8.67%, Coherent (COHR) fell 4.52%, Applied Optoelectronics (AAOI) fell 4.52%, Maywell Technologies (MRVL) fell 3.83%, and Astera Labs (ALAB) fell 3.65%.

Neocloud Concepts went down across the board. Applied Digital (APLD) was down 6.55%, Cipher Digital (CIFR) was down 5.58%, Iren was down 5.45%, Core Scientific (Corz) was down 4.73%, and Galaxy Digital (glxy) was down 4.25%.