U.S. markets opened lower, with the Nasdaq down 0.54%.

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Summary

The Fear and Greed Index fell below 45 as U.S. markets opened lower on July 22, with the Nasdaq down 0.54%. The storage and AI chip sectors declined broadly, with SK Hynix (SKHY) dropping over 5%, Western Digital (WDC) and Seagate (STX) falling about 4%, and SanDisk (SNDK) and Micron (MU) declining over 3%. Intel (INTC) dropped over 3%, TSMC (TSM) fell over 2%, and AMD (AMD) declined 1.6%. Open interest in key tech names indicated reduced speculative positioning.

BlockBeats news, on July 22, according to BIT (bit.com) market data, at the opening of U.S. equities markets, the Dow Jones fell 0.07%, the S&P 500 fell 0.19%, and the Nasdaq fell 0.54%.

The storage and AI chip sectors declined broadly: SK Hynix (SKHY) fell over 5%, Western Digital (WDC) and Seagate Technology (STX) dropped about 4%, SanDisk (SNDK) and Micron Technology (MU) fell over 3%; Intel (INTC) declined over 3%, TSMC (TSM) fell over 2%, and AMD (AMD) dropped 1.6%.

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