SK Hynix Plunges 9% as U.S. Indices Rise Slightly
2026-07-16 04:01

Woofun AI reports that U.S. equity markets closed with slight gains on Wednesday. The Dow Jones Industrial Average increased by 0.29%, the S&P 500 rose by 0.38%, and the Nasdaq Composite advanced by 0.6%. Individual stock movements were divergent: Apple shares climbed 4% and ASML gained 2%, whereas SK Hynix declined 9%, SanDisk dropped 8%, and Intel fell 4.4%.

Additionally, the Nasdaq China Golden Dragon Index finished up 2.9%, led by a 4.7% rise in Alibaba and a 1.5% increase in Baidu.

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