U.S. Stock Market Indexes Open Higher, Micron and SanDisk Both Down 5%

BlockBeats News, August 3rd, according to BIT (Bit.com) market data, at the U.S. stock market open, the Dow Jones rose by 0.52%, the S&P 500 Index rose by 0.33%, and the Nasdaq rose by 0.3%. Alibaba (BABA.N) rose by 3.5% after unveiling its Qianwen 3.8-MAX artificial intelligence model. SpaceX (SPCX.O) fell by 3%. Storage-related stocks declined, with Micron Technology (MU.O) dropping by 5% and SanDisk (SNDK.O) dropping by 5%.