U.S. Stock Market Opens Lower, AI Stocks Mixed

BlockBeats News, July 29th, according to BIT (bit.com) market data, the U.S. stock market opened with the Dow down 0.8%, the S&P 500 down 0.18%, and the Nasdaq down 0.12%.

On the individual stock side, GlobalFoundries rose by 0.57%, with the company set to receive up to $3 billion in U.S. government funding.

AI stocks showed mixed results, with SK Hynix opening down by about 1%, NVIDIA down by 0.61%, strong performance in the memory sector with Micron rising by about 2%, and Seagate up by 7%.