Global AI trading suffers another setback, U.S. stocks pre-market show widespread declines in storage, SK Hynix falls about 5%, South Korean stocks close down 5.47%, spot gold breaks through 4200
Before the US stock market opens, storage chip stocks generally decline, with SK Hynix down about 5%, Western Digital down about 4%, SanDisk down about 4%, Micron Technology down about 3%, and Seagate Technology down about 3%. Spot gold has surpassed $4200 per ounce, and risk aversion sentiment is rising across the board. The benchmark 10-year US Treasury yield has decreased by 4 basis points to 5.20%, and Brent crude oil has fallen by 0.9% to about $105.70 per barrel.