U.S. stocks closed with widespread declines in optical communications, storage, semiconductor, and Neocloud stocks, with CIEN and LITE falling nearly 10%.

BlockBeats news, October 13th, according to BIT(bit.com) market data, U.S. stocks closed on Monday (October 12th), with the Dow up 0.38%, the S&P 500 down 0.06%, and the Nasdaq down 0.44%.

Optical communication concept stocks led the declines, with Ciena (CIEN) down 9.95%, Lumentum (LITE) down 9.78%, Applied Optoelectronics (AAOI) down 8.17%, Coherent (COHR) down 7.88%, and Credo (CRDO) down 7.25%.

Storage stocks also fell, with SanDisk (SNDK) down 5.97%, SK Hynix (SKHY) down 4.02%, Micron Technology (MU) down 3.88%, and Seagate Technology (STX) down 3.80%.

Most Neocloud stocks declined, with Nebius (NBIS) down 4.98%, Galaxy Digital (GLXY) down 2.26%, CoreWeave (CRWV) down 2.22%, and IREN down 1.11%

Semiconductor stocks fell across the board, with Arm (ARM) down 4.15%, Marvell Technology (MRVL) down 3.42%, Intel (INTC) down 3.20%, and AMD down 2.28%.