US stocks closed lower in semiconductors, storage, optical communications and Neocloud, with ar… — Makala Kamili na Usomaji Unaohusiana

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%.

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

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