U.S. stocks closed mixed, with LITE rising over 6% while IREN fell over 6%.

iconKuCoinFlash
Share
AI summary iconSummary
U.S. stocks closed mixed on August 27, as the digital asset market displayed varied on-chain data. The Dow Jones fell 0.2%, the S&P 500 dipped 0.02%, and the Nasdaq declined 0.08%. Lumentum (LITE) rose 6.04%, Western Digital (WDC) gained 4.02%, and Arm climbed 3.93%. Neocloud’s IREN dropped 6.23%. Optical and storage stocks outperformed.

BlockBeats news, on August 27, according to BIT (bit.com) market data, U.S. stock indices closed on Wednesday: the Dow Jones fell 0.2% preliminarily, the S&P 500 dropped 0.02%, and the Nasdaq declined 0.08%.


Most optical communication stocks rose, with Lumentum (LITE) up 6.04%, Ciena (CIEN) up 4.26%, Corning (GLW) up 3.81%, Astera Labs (ALAB) up 2.71%, and Coherent (COHR) up 2.09%.


Most storage sector stocks rose, with Western Digital (WDC) up 4.02%, Seagate Technology (STX) up 3.01%, SanDisk (SNDK) up 1.26%, and Micron Technology (MU) up 0.58%.


Most semiconductor stocks rose, with Arm up 3.93%, Marvell Technology (MRVL) and Qualcomm (QCOM) both up 1.97%, and Intel (INTC) up 0.87%; NVIDIA (NVDA) fell 1.59%.


The Neocloud sector declined across the board, with IREN down 6.23%, Nebius (NBIS) down 3.62%, Core Scientific (CORZ) down 3.38%, and TeraWulf (WULF) down 2.14%.

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.