U.S. stocks opened steady awaiting FOMC, memory and optical communication stocks mostly rise.

BlockBeats news, October 28 - US stocks opened with the Dow flat, the S&P 500 up 0.19%, and the Nasdaq up 0.28%.

In individual stocks, according to data from the BIT stock platform, Seagate Technology fell 3.8% after Morgan Stanley lowered its target price.

Most storage and optical communication concept stocks rose: SK Hynix up 8.6%, Micron Technology up 3.8%, AAOI and LITE both up over 1%, Corning up 1.9%, and SNDK up 5.1%.

Crypto concept stocks broadly declined: MSTR down 1.2%, COIN down 1.67%, and HOOD down 4.88%.