U.S. stocks opened lower on Oct. 7, with all three major indexes in negative territory at the start of trading, according to market data from BIT (bit.com). The Dow Jones Industrial Average fell 0.62%, the S&P 500 slipped 0.45%, and the Nasdaq dropped 0.61%. Memory-related stocks also moved lower at the open. Micron Technology (MU.O) fell more than 3%, while SK Hynix (SKHY.O) was down more than 2%. The move put pressure on the broader storage segment at the opening bell, with weakness seen across the group. The figures cited in the report were based on BIT market data.
U.S. stocks opened lower on Oct. 7, with the three major indexes all in the red, according to market data from BIT (bit.com).
The Dow Jones Industrial Average fell 0.62%, the S&P 500 lost 0.45%, and the Nasdaq dropped 0.61% at the open.
Memory stocks were broadly lower. Micron Technology (MU.O) fell more than 3%, while SK Hynix (SKHY.O) was down more than 2%.
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