According to BIT market data, U.S. markets opened higher: the Dow Jones rose 0.52%, the S&P 500 increased 0.33%, and the Nasdaq gained 0.3%. Alibaba (BABA.N) rose 3.5% after launching the Qwen 3.8-MAX AI model. SpaceX (SPCX.O) fell 3%. Storage-related stocks declined, with Micron Technology (MU.O) down 5% and SanDisk (SNDK.O) down 5%.
U.S. major indices open higher; Micron and SanDisk drop 5%
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Summary
On-chain news shows U.S. major indices opened higher on August 3, 2026, with the Dow Jones up 0.52%, the S&P 500 up 0.33%, and the Nasdaq up 0.3%. Alibaba (BABA.N) rose 3.5% following the launch of the Qwen 3.8-MAX AI model, while SpaceX (SPCX.O) fell 3%. Storage-related stocks declined, with Micron (MU.O) and SanDisk (SNDK.O) both down 5%. AI and crypto news continues to drive market attention.
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