US stocks close mixed Friday as chip shares slide and Nasdaq dips 0.64%

US stocks close mixed Friday as chip shares slide and Nasdaq dips 0.64%

N
News Editor
2026-07-24 20:02:44
US stocks ended Friday with mixed results, according to market data cited by ChainCatcher from Gate. The Dow Jones Industrial Average was indicated up 0.45%, while the S&P 500 added 0.05% and the Nasdaq fell 0.64% by the close. Storage-related names were notably weak, with SanDisk dropping 10.79%, SK Hynix down 8.81%, and Micron Technology falling 6.99%. The Philadelphia Semiconductor Index declined 4.25%, and Intel lost 7.89%. Elsewhere, IBM rose 3.64% and Apple gained 3.53%. Chinese stocks also finished lower on the day, with the Nasdaq Golden Dragon China Index down 0.68%. Alibaba fell 1.67%, while Baidu slipped 1.91%. The figures were reported by ChainCatcher based on Gate market quotes.
US StocksNasdaqSemiconductorsAppleAlibabaBaiduMarket Close

US stocks finished Friday on a mixed note, according to Gate market data cited by ChainCatcher. The Dow Jones Industrial Average was preliminarily up 0.45% at the close, the S&P 500 gained 0.05%, and the Nasdaq fell 0.64%.

Storage-related shares were weaker across the board. SanDisk (SNDK.O) dropped 10.79%, SK Hynix (SKHY.O) fell 8.81%, and Micron Technology (MU.O) lost 6.99%. The Philadelphia Semiconductor Index declined 4.25%, while Intel (INTC.O) fell 7.89%.

Among individual names, IBM (IBM.N) rose 3.64% and Apple (AAPL.O) added 3.53%. The Nasdaq Golden Dragon China Index slipped 0.68%, with Alibaba (BABA.N) down 1.67% and Baidu (BIDU.O) lower by 1.91%.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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