US Stock Futures Decline Pre-market, Storage Sector, Semiconductors, and Optical Communication Down, Western Digital Falls Over 7%

BlockBeats News, July 7th, according to BIT (bit.com) market data, pre-market trading in the U.S. stock market, the storage sector led the losses, with Western Digital (WDC) falling by 7.30%, Seagate Technology (STX) falling by 5.97%, Micron Technology (MU) falling by 5.34%, and SanDisk (SNDK) falling by 5.01%.

Semiconductor stocks generally declined, with Lam Research Corporation (LRCX) falling by 5.56%, Applied Materials (AMAT) falling by 5.48%, Marvell Technology (MRVL) falling by 4.68%, KLA Corporation (KLAC) falling by 4.50%, Arm (ARM) falling by 4.13%, AMD (AMD) falling by 3.85%, ASML Holding (ASML) falling by 3.74%, Intel (INTC) falling by 3.54%.

Optical communication concept stocks also faced selling pressure in pre-market trading, with Astera Labs (ALAB) falling by 3.72%, Ciena (CIEN) falling by 3.63%, Coherent (COHR) falling by 3.63%, Lumentum (LITE) falling by 3.59%, and Corning (GLW) falling by 3.55%.