BlockBeats news, November 9th, according to data from the BIT stock platform, the three major U.S. stock indices opened higher. The S&P 500 opened up 1.15%, the Nasdaq 100 rose 1.62%, and the Dow rose about 1.03%. SpaceX (SPCX) rose 2.71%.
Optical communication concept stocks rose broadly. Coherent (COHR) rose 7.10%, Ciena (CIEN) rose 6.43%, Lumentum (LITE) rose 5.60%, Credo (CRDO) rose 4.95%, and Applied Optoelectronics (AAOI) rose 0.74%.
The Neocloud sector had mixed performance. Astera Labs (ALAB) rose 5.77%, AST SpaceMobile (ASTS) rose 3.93%, Nebius (NBIS) rose 1.77%, while IREN fell 4.71%, Cipher Mining (CIFR) fell 2.22%, and CoreWeave (CRWV) fell 1.05%.
Semiconductor stocks diverged. Broadcom (AVGO) rose 6.23%, AMD rose 5.42%, ASML rose 4.93%, Marvell Technology (MRVL) rose 3.75%, TSMC (TSM) rose 2.41%, Arm (ARM) rose 1.65%, Micron Technology (MU) rose 1.46%, Intel (INTC) rose 0.53%, while Nvidia (NVDA) fell 6.54%.
Storage stocks moved higher. Western Digital (WDC) rose 5.99%, Seagate Technology (STX) rose 3.98%, and SanDisk (SNDK) rose 1.64%.
Most crypto concept stocks declined. Strategy (MSTR) fell 3.81%, BNB Standard (BNC) fell 2.26%, Circle (CRCL) fell 2.08%, Coinbase (COIN) fell 1.38%, MARA Holdings (MARA) fell 0.79%, while Robinhood (HOOD) rose 1.16%. Super Micro Computer (SMCI) fell 3.41%.
