U.S. Stocks Close: SanDisk Plunges Over 14%, Nearly Halving from Peak; Micron, Western Digital Drop Around 9%

BlockBeats News, July 29th, the US stock market closed on Tuesday, with the Dow rising 1% initially, the S&P 500 up 0.2%, and the Nasdaq down 0.2%.

Storage concept stocks plunged again, with SK Hynix (SKHY.O) falling 8.98%, Micron Technology (MU.O) falling 8.85%. SanDisk (SNDK.O) dropped by 14%, with the stock price down over 50% from its all-time high set a month ago.