U.S. stocks' three major indexes closed lower collectively, Google plunged 12%, with semiconductors and storage, crypto concepts, and optical communications mostly declining.

BlockBeats news, October 30 - According to data from the BIT stock platform, the three major US stock indices collectively closed lower, with the Nasdaq down 1.38%, the Dow down 0.25%, and the S&P 500 index down 0.3%. Google plummeted 12%, erasing $479 billion in market value. Most of the "Magnificent Seven" tech giants declined: Meta Platforms rose 1.97%, Apple rose 1.48%, Microsoft fell 0.11%, Tesla fell 0.23%, Nvidia fell 0.80%, Amazon fell 4.25%, and Google fell 12.34%.

The three major sectors of semiconductors and storage, crypto concepts, and optical communications mostly declined.

Semiconductors and storage: Seagate (STX) rose 0.36%; Western Digital (WDC) fell 0.25%; SanDisk (SNDK) fell 5.32%; Micron (MU) fell 4.98%; Nvidia (NVDA) fell 0.80%; Intel (INTC) fell 3.62%; AMD (AMD) fell 2.08%.

Crypto concepts: MicroStrategy (MSTR) fell 2.44%; Coinbase (COIN) fell 1.07%; Circle (CRCL) fell 2.11%; Bitmine (BMNR) fell 1.77%; SharpLink (SBET) fell 1.77%.

Optical communications: FOTO (FOTO) fell 1.16%; Marvell (MRVL) fell 13.24%; Applied Optoelectronics (AAOI) fell 3.69%; Lumentum (LITE) rose 0.61%; Coherent (COHR) fell 0.99%; Ciena (CIEN) fell 3.79%; Fabrinet (FN) fell 5.07%; AXT (AXTI) fell 5.44%.