Huo Xing Finance reports that on July 23, according to BIT (bit.com) market data, all stocks in the U.S. optical communications sector rose, with the pure-play photonics ETF FOTO and Corning rising over 3%, Coherent and Ciena rising over 4%, and Lumentum and AAOI rising over 7%.
U.S. optical communication stocks surge, with Lumentum and AAOI up over 7%.
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Summary
On July 23, 2026, the U.S. optical communications sector gained momentum amid positive ETF inflows, with the Pure Photonics ETF (FOTO) and Corning rising over 3%. Coherent and Ciena climbed more than 4%, while Lumentum and AAOI surged over 7%. The rally coincided with a shift toward optimism in the Fear & Greed Index, as traders focused on sector momentum and earnings potential.
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