U.S. Stock Market Opens, Western Digital Drops 19%, SanDisk Drops 13%

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BlockBeats News, August 6th, according to BIT (bit.com) market data. At the opening of the US stock market, the Dow rose by 0.14%, the S&P 500 was nearly flat, and the Nasdaq fell by 0.3%. The storage sector was under pressure, with SanDisk (SNDK.O) falling by 13%, Western Digital (WDC.O) falling by 19%, and SK Hynix (SKHY.O) falling by 7.8%. Mobile ad platform giant AppLovin (APP.O) dropped by 17.8% due to second-quarter revenue falling below expectations.

Source: BlockBeats

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