U.S. stocks closed with all three major indices down, with SanDisk falling 7%
According to Gate market data, U.S. stocks closed lower on Tuesday, with the Dow Jones Industrial Average initially down 0.25%, the S&P 500 index down 0.45%, and the Nasdaq down 1.16%. Storage chip stocks continued to decline, with SanDisk (SNDK.O) down 7%, Western Digital (WDC.O) down nearly 8%, and Micron Technology (MU.O) down 4.7%. The Nasdaq China Golden Dragon Index closed down 0.57%, with iQIYI (IQ.O) down nearly 7%.
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