U.S. stocks closed, with the three major indexes declining for three straight days; the storage and optical communication sectors rose against the trend, and Apple unveiled its foldable iPhone Duo.
2 hours ago
According to BIT (bit.com) market data, after U.S. stock market close, the Dow Jones Industrial Average fell 0.77%, the S&P 500 dropped 0.48%, and the Nasdaq declined 0.64%. Crypto-related stocks fell broadly, while the storage and optical communication sectors bucked the trend to rise. Apple closed down 0.28% and launched its first foldable iPhone, the iPhone Duo, featuring a 7.6-inch inner screen — the largest display in iPhone history — and a 5.4-inch outer screen when folded, with the total screen area equivalent to 90% of the iPhone 18 Pro. Both screens support ProMotion, Always-On Display, and a peak outdoor brightness of up to 3,000 nits. In the U.S. semiconductor and storage sector: Seagate Technology (STX) fell 2.04%; Western Digital (WDC) rose 1.04%; SanDisk (SNDK) gained 1.51%; Micron Technology (MU) advanced 2.75%; NVIDIA (NVDA) dropped 0.91%; Intel (INTC) climbed 1.69%; Advanced Micro Devices (AMD) rose 3.04%; Broadcom (AVGO) declined 1.13%; Qualcomm (QCOM) gained 1.33%. Among crypto-related stocks: Strategy (MSTR) fell 2.80%; Coinbase (COIN) dropped 2.36%; Circle (CRCL) declined 3.32%; BitMine Immersion (BMNR) fell 2.26%; SharpLink Gaming (SBET) dropped 3.17%. In the optical communication concept stocks: Marvell Technology (MRVL) rose 4.26%; AAOI (Applied Optoelectronics) fell 3.25%; LITE (Lumentum Holdings) gained 1.07%; COHR (Coherent Corp.) advanced 0.53%; FN (Fabrinet) rose 0.47%; NOK (Nokia) climbed 1.03%.
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