U.S. stocks opened lower, with most tech stocks declining
According to Gate market data, U.S. stocks opened with the Dow down 0.2%, the S&P 500 index down 0.5%, and the Nasdaq down 1.1%. The storage sector saw widespread declines, with SanDisk down 5% and Micron Technology down 4.6%.
Most star tech stocks fell, with Meta Platforms down 1.9%, Baidu down 9% after earnings, Pony.ai down 7%, and iQIYI down 3.7%.
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