US Stocks Close: Storage and Neocloud Sectors Lead the Way, with GLXY Up Nearly 6% and SanDisk Up 5.5%

BlockBeats News, September 1st, according to BIT (bit.com) market data, the U.S. stock market closed down collectively on Monday, with the Dow Jones dropping by 0.7%, the S&P 500 Index falling by 0.33%, and the Nasdaq declining by 0.12%.

The storage sector performed well, with SanDisk (SNDK) up by 5.50%, Micron Technology (MU) up by 2.77%, and SkyHigh (SKHY) up by 2.20%; Western Digital (WDC) down by 1.94%, and Seagate Technology (STX) down by 0.17%.

The Neocloud sector showed differentiation, with Galaxy Digital (GLXY) up by 5.99%, IREN up by 4.70%, and Cipher Digital (CIFR) up by 2.18%; TeraWulf (WULF) down by 1.43%, and Nebius (NBIS) down by 1.37%.

Most semiconductor stocks rose, with Qualcomm (QCOM) up by 3.83%, NVIDIA (NVDA) up by 1.36%, Arm up by 1.20%, and AMD up by 1.10%.

The optical communication sector showed differentiation, with Astera Labs (ALAB) up by 2.59%, Lumentum (LITE) up by 2.21%, Applied Optoelectronics (AAOI) up by 1.37%; Credo (CRDO) down by 2.82%, and MaxLinear down by 2.29%.