U.S. stocks opened lower on Sept. 9, according to market data from BIT (bit.com), with all three major indexes in negative territory at the open. The Dow Jones Industrial Average fell 0.70%, the S&P 500 slipped 0.29%, and the Nasdaq dropped 0.34%.
Even as the broader market moved lower, several hardware-related segments posted gains. Optical communications names led the advance, with Nokia (NOK) up 4.11%, Marvell Technology (MRVL) up 3.38%, Astera Labs (ALAB) up 2.98%, Coherent (COHR) up 2.92%, and Lumentum (LITE) up 2.81%.
Memory stocks were broadly higher as well. SK Hynix (SKHY) gained 3.36%, Western Digital (WDC) rose 1.55%, Seagate Technology (STX) added 0.44%, SanDisk (SNDK) climbed 0.43%, and Micron Technology (MU) was up 0.31%.
Semiconductor shares also extended gains, led by Arm (ARM), which rose 4.68%. Marvell added 3.38%, Qualcomm (QCOM) gained 2.86%, and AMD advanced 1.86%. In the Neocloud segment, moves were mixed: Nebius (NBIS), Hut 8 (HUT), and Applied Digital (APLD) traded higher, while Cipher Digital (CIFR) and Galaxy Digital (GLXY) declined.
U.S. stocks opened lower on Sept. 9, according to market data from BIT (bit.com). At the open, the Dow Jones Industrial Average fell 0.70%, the S&P 500 slipped 0.29%, and the Nasdaq dropped 0.34%.
Optical communications stocks lead gainers
Optical communications names were among the best performers early in the session. Nokia (NOK) rose 4.11%, Marvell Technology (MRVL) gained 3.38%, Astera Labs (ALAB) added 2.98%, Coherent (COHR) climbed 2.92%, and Lumentum (LITE) advanced 2.81%.
Memory stocks post broad gains
The memory segment traded broadly higher. SK Hynix (SKHY) rose 3.36%, Western Digital (WDC) gained 1.55%, Seagate Technology (STX) added 0.44%, SanDisk (SNDK) was up 0.43%, and Micron Technology (MU) rose 0.31%.
Semiconductor shares extend gains
Semiconductor stocks also moved higher. Arm (ARM) climbed 4.68%, Marvell Technology (MRVL) gained 3.38%, Qualcomm (QCOM) rose 2.86%, and AMD added 1.86%.
Neocloud names trade mixed
The Neocloud segment showed mixed performance. Nebius (NBIS) rose 1.95%, Hut 8 (HUT) gained 1.17%, and Applied Digital (APLD) added 0.55%. On the downside, Cipher Digital (CIFR) fell 1.76% and Galaxy Digital (GLXY) slipped 1.11%.
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