U.S. equities ended Monday lower, according to market data from BIT (bit.com), with all three major indexes finishing in the red. The Dow Jones Industrial Average fell 0.7%, the S&P 500 lost 0.33%, and the Nasdaq slipped 0.12%.
Storage names were among the strongest performers. SanDisk (SNDK) rose 5.50%, Micron Technology (MU) gained 2.77%, and SK Hynix (SKHY) added 2.20%. Western Digital (WDC) fell 1.94%, while Seagate Technology (STX) edged down 0.17%.
The Neocloud segment showed mixed trading. Galaxy Digital (GLXY) climbed 5.99%, IREN advanced 4.70%, and Cipher Digital (CIFR) gained 2.18%. On the downside, TeraWulf (WULF) dropped 1.43% and Nebius (NBIS) fell 1.37%.
Semiconductor shares were mostly higher, led by Qualcomm (QCOM), up 3.83%. Nvidia (NVDA) rose 1.36%, Arm gained 1.20%, and AMD added 1.10%. Optical communications stocks also split directionally, with Astera Labs (ALAB), Lumentum (LITE), and Applied Optoelectronics (AAOI) posting gains, while Credo (CRDO) and Marvell Technology declined.
U.S. stocks finished lower on Monday, according to market data from BIT (bit.com). The Dow Jones Industrial Average fell 0.7%, the S&P 500 dropped 0.33%, and the Nasdaq slipped 0.12%.
Storage stocks outperformed
Among storage names, SanDisk (SNDK) rose 5.50%, Micron Technology (MU) gained 2.77%, and SK Hynix (SKHY) added 2.20%. Western Digital (WDC) fell 1.94%, while Seagate Technology (STX) edged down 0.17%.
Neocloud names split
Trading in the Neocloud segment was mixed. Galaxy Digital (GLXY) climbed 5.99%, IREN advanced 4.70%, and Cipher Digital (CIFR) rose 2.18%. TeraWulf (WULF) fell 1.43%, and Nebius (NBIS) lost 1.37%.
Semiconductors and optical communications moved in different directions
Most semiconductor stocks posted gains, with Qualcomm (QCOM) up 3.83%, Nvidia (NVDA) up 1.36%, Arm up 1.20%, and AMD up 1.10%.
Optical communications stocks were mixed as well. Astera Labs (ALAB) gained 2.59%, Lumentum (LITE) rose 2.21%, and Applied Optoelectronics (AAOI) added 1.37%. Credo (CRDO) fell 2.82%, while Marvell Technology declined 2.29%.
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