The US Stock Market Storage Sector Strongly Rebounds, Micron, Western Digital, and Others All Surge Over 10%, Philadelphia Semiconductor Index Records Largest Single-Day Gain in Nearly a Month

BlockBeats News, July 22nd, according to BIT (bit.com) market data, the U.S. stock market opened higher and continued to rise, with all three major indexes closing up. The Nasdaq rose by 1.29%, the S&P 500 rose by 0.89%, and the Dow Jones rose by 0.74%. The Philadelphia Semiconductor Index rose by 5.21%, marking the largest single-day gain since June 22nd. The storage sector staged a strong rebound, with SanDisk rising by over 14%, SK Hynix up by over 13%, Western Digital and Micron Technology up by over 12%, Seagate Technology up by over 11%, and Kioxia ADR up by 17%. SpaceX rose by over 3%, ending a 7-day losing streak.