U.S. stocks closed lower for a third straight session, with storage and optical communications sectors bucking the trend to rise, as Apple launched its foldable-screen iPhone Duo.

BlockBeats News, September 10 - According to BIT (bit.com) market data, as of the US stock market close, the Dow Jones fell 0.77%, the S&P 500 index fell 0.48%, and the Nasdaq fell 0.64%. Crypto-related stocks broadly declined, while the storage and optical communications sectors rose against the trend.

Apple closed down 0.28%, unveiling its first foldable-screen phone, the iPhone Duo, featuring a 7.6-inch inner display—the largest screen ever on an iPhone—and a 5.4-inch outer display when folded, with a screen area equivalent to 90% of the iPhone 18 Pro. Both screens support ProMotion, always-on display, and outdoor brightness of up to 3000 nits.

In the US semiconductor and storage sector: Seagate Technology (STX) fell 2.04%; Western Digital (WDC) rose 1.04%; SanDisk (SNDK) rose 1.51%; Micron Technology (MU) rose 2.75%; NVIDIA (NVDA) fell 0.91%; Intel (INTC) rose 1.69%; Advanced Micro Devices (AMD) rose 3.04%; Broadcom (AVGO) fell 1.13%; Qualcomm (QCOM) rose 1.33%.

Among crypto-related stocks: Strategy (MSTR) fell 2.80%; Coinbase (COIN) fell 2.36%; Circle (CRCL) fell 3.32%; BitMine Immersion (BMNR) fell 2.26%; SharpLink Gaming (SBET) fell 3.17%. Strategy (MSTR) fell 2.80%; Coinbase (COIN) fell 2.36%; Circle (CRCL) fell 3.32%; BitMine Immersion (BMNR) fell 2.26%; SharpLink Gaming (SBET) fell 3.17%.

In the optical communications sector: Marvell Technology (MRVL) rose 4.26%; AAOI (Applied Optoelectronics) fell 3.25%; LITE (Lumentum Holdings) rose 1.07%; COHR (Coherent Corp.) rose 0.53%; FN (Fabrinet) rose 0.47%; NOK (Nokia) rose 1.03%.