Woofun AI data shows that the US storage concept sector is experiencing a downturn, with SanDisk dropping over 4%, Western Digital declining more than 2%, and Micron Technology falling by over 3%.

Meanwhile, cryptocurrency-related equities gained ground, led by Circle which rose over 11% following approval from the Office of the Comptroller of the Currency to establish a national trust bank. Meta also advanced by more than 5%, while Alibaba increased by over 2%.