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The Nasdaq 100 turned lower during the session, and the U.S. storage sector fell sharply, with SanDisk and Seagate dropping over 5%.
BlockBeats news, July 2, according to BIT(bit.com) market data, the Nasdaq 100 turned lower during trading, now down over 0.4%, and the U.S. stock memory sector's decline widened, with:
Micron Technology (MU) down 2.11%;
Seagate Technology (STX) down 5.1%;
Western Digital (WDC) down 4.5%;
SanDisk (SNDK) down 6.8%.
The new memory ETF KMEM fell 4.5%, with its main holdings concentrated in core memory chip manufacturers, including SK hynix accounting for approximately 41.53%, Micron accounting for approximately 19.85%, Samsung Electronics accounting for approximately 18.81%, SanDisk accounting for 3.64%, Western Digital accounting for 3.4%, etc.