Woofun AI data shows that U.S. equity indices closed lower, with the Dow Jones Industrial Average declining 0.12%, the S&P 500 dropping 0.07%, and the Nasdaq Composite falling 0.24%. A significant correction occurred in the semiconductor and storage sectors, where Western Digital fell 13%, Seagate Technology dropped 12%, SanDisk declined 10%, Micron Technology fell 6.6%, and Qualcomm decreased 7%.

Meanwhile, SPCX rose 0.15% while MicroStrategy (MSTR) fell 3.54%. Strategy Preferred Stock (STRC) rebounded to $74.57 after opening low.