According to a PANews report published on Aug 6, US equities opened with mixed results. Bybit market data placed the Dow Jones Industrial Average 0.05% higher, the Nasdaq 0.80% lower, and the S&P 500 down 0.03% at the start of trading. Storage stocks bore the brunt of the early selling. SanDisk (SNDK.O) fell 13%, Western Digital (WDC.O) slipped 19%, and SK Hynix (SKHY.O) dropped 7.8%. Crypto-related shares also traded in the red. Coinbase (COIN) lost 1.73% intraday, while Robinhood (HOOD) was down 1.20% intraday. Western Digital was the steepest faller among the three storage names, while SanDisk and SK Hynix declined by double-digit and high-single-digit percentages, respectively. The figures, sourced from Bybit, cover the opening stretch of the US session and show losses extending across both chipmakers and digital-asset brokers.
US stocks opened mixed on Aug 6, according to Bybit market data cited by PANews. The Dow Jones Industrial Average rose 0.05%, the Nasdaq fell 0.80%, and the S&P 500 declined 0.03%.
Storage names came under pressure. SanDisk (SNDK.O) dropped 13%, Western Digital (WDC.O) fell 19%, and SK Hynix (SKHY.O) lost 7.8%. Crypto-linked equities were also lower: Coinbase (COIN) slipped 1.73% intraday, and Robinhood (HOOD) declined 1.20%.
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