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U.S. stocks closed this morning, SanDisk fell more than 10%, and SK hynix fell 8.81%.
BlockBeats update: On July 25, according to market data from BIT (bit.com), U.S. stocks closed higher on Friday. The Dow Jones Industrial Average rose 0.46% in early results, the S&P 500 rose 0.05%, and the Nasdaq fell 0.64%.
Storage-related concepts weakened, with SanDisk (SNDK.O) down 10.79%, SK Hynix (SKHY.O) down 8.81%, and Micron Technology (MU.O) down 6.99%.
The Philadelphia Semiconductor Index fell 4.25%, and Intel (INTC.O) dropped 7.89%. IBM (IBM.N) rose 3.64%, and Apple (AAPL.O) rose 3.53%.