U.S. Stocks Open Lower as Nasdaq Drops 1.1% and Memory Chips Slide Over 5%
2026-06-26 21:37

Woofun AI data shows that U.S. equity markets opened with all three major indices trading lower. The Dow Jones Industrial Average declined by 0.44%, while the S&P 500 fell by 0.67%. The Nasdaq Composite experienced the steepest drop, decreasing by 1.1%.

The semiconductor and storage sectors faced broad-based selling pressure. Nvidia shares dipped 1.56%, Intel fell 3.5%, and Broadcom declined 2.5%. Qualcomm saw a minor decrease of 0.4%. Storage manufacturers recorded sharper losses, with Seagate Technology down 5.78%, Western Digital dropping 7%, SanDisk falling 7.5%, and Micron Technology declining 5.4%.

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