US Stocks Open Lower, Most Storage Sector Stocks Decline, Micron Up 1.3%

BlockBeats News, July 2nd, according to BIT (bit.com) market data, as the U.S. stock market opened, the storage sector, which had mostly risen in pre-market trading, turned into a decline. Micron Technology (MU) was up 1.3%, with Trump having tweeted earlier to thank Micron.

Seagate Technology (STX) fell by 1.35%;

Western Digital (WDC) fell by 0.48%;

SanDisk (SNDK) fell by 1.87%.

The new memory ETF KMEM dropped by 2.1%, with its major holdings focused on key storage chip manufacturers, including SK Hynix accounting for about 41.53%, Micron accounting for about 19.85%, Samsung Electronics accounting for about 18.81%, SanDisk accounting for 3.64%, Western Digital accounting for 3.4%, etc.