The three major U.S. stock indexes closed lower across the board, with Google plummeting 12%. Most stocks in the semiconductor and storage, crypto-related concepts, and optical communications sectors declined.

According to data from the BIT Stock Platform, the three major U.S. stock indexes closed lower across the board: the Nasdaq fell 1.38%, the Dow Jones Industrial Average dropped 0.25%, and the S&P 500 index declined 0.3%. Google plunged 12%, erasing $479 billion in market capitalization. Most of the "Magnificent Seven" tech giants were in the red: Meta Platforms rose 1.97%, Apple gained 1.48%, Microsoft fell 0.11%, Tesla dropped 0.23%, Nvidia declined 0.80%, Amazon fell 4.25%, and Google slumped 12.34%. Three major sectors—semiconductor and storage, crypto-related, and optical communications—mostly ended lower. For the semiconductor and storage subsector: Seagate (STX) rose 0.36%; Western Digital (WDC) fell 0.25%; SanDisk (SNDK) dropped 5.32%; Micron (MU) declined 4.98%; Nvidia (NVDA) fell 0.80%; Intel (INTC) dropped 3.62%; AMD (AMD) declined 2.08%. Crypto-related stocks: MicroStrategy (MSTR) fell 2.44%; Coinbase (COIN) dropped 1.07%; Circle (CRCL) declined 2.11%; Bitmine (BMNR) fell 1.77%; SharpLink (SBET) dropped 1.77%. Optical communications sector: FOTO (FOTO) fell 1.16%; Marvell (MRVL) plunged 13.24%; Applied Optoelectronics (AAOI) declined 3.69%; Lumentum (LITE) rose 0.61%; Coherent (COHR) fell 0.99%; Ciena (CIEN) dropped 3.79%; Fabrinet (FN) declined 5.07%; AXT (AXTI) fell 5.44%.