U.S. stocks opened on a mixed note, according to market data cited by ChainCatcher from Gate. At the opening bell, the Dow Jones Industrial Average rose 0.13%, while the S&P 500 fell 0.19% and the Nasdaq declined 0.4%.
Among individual names, storage-related stocks moved lower. SanDisk fell about 6%, and Micron Technology dropped about 3%. XPeng also traded about 3% lower. The report said the EV maker came under pressure after its third-quarter revenue guidance came in below expectations.
The move left major indexes split at the start of the U.S. session, with weakness showing up in both chip-storage names and selected China ADRs.
U.S. stocks opened mixed, according to Gate market data cited by ChainCatcher. The Dow Jones Industrial Average rose 0.13% at the open, while the S&P 500 slipped 0.19% and the Nasdaq fell 0.4%.
Among individual stocks, storage names moved lower. SanDisk dropped about 6%, and Micron Technology fell about 3%. XPeng also lost about 3% after its third-quarter revenue guidance came in below expectations.
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