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U.S. Stock Market Close: SanDisk Plunges Over 14%, Nearly Halving from Peak; Micron, Western Digital Drop Around 9%

Jul 29, 04:02

July 29th. The U.S. stock market closed on Tuesday with the Dow rising 1% initially, the S&P 500 up 0.2%, and the Nasdaq down 0.2%.

Storage concept stocks plummeted again, with SK Hynix (SKHY.O) falling 8.98% and Micron Technology (MU.O) falling 8.85%. SanDisk (SNDK.O) dropped 14%, with its stock price down over 50% from its all-time high set a month ago.