US stocks open, three major indices open higher, storage sector rebounds
TechFlow News, July 30, according to Bitget market data, the US stock market opened, all three major indices moved higher, Dow Jones up 0.6%, S&P 500 up 1%, Nasdaq up 1.6%. Microsoft (MSFT.O) rose about 12%, fourth fiscal quarter cloud business growth far exceeded expectations. Storage sector rose significantly, SanDisk (SNDK.O) up about 12%, SK Hynix (SKHY.O) up about 7%.
Semiconductor and storage sectors generally rose, among them: Marvell Technology (MRVL.O) up 8.57%; NVIDIA (NVDA) up 1.21%; Intel (INTC) up 6.53%; Advanced Micro Devices (AMD) up 7.41%; Broadcom (AVGO) up 2.53%; Qualcomm (QCOM) down 4.77%; Seagate Technology (STX) up 13.38%; Western Digital (WDC) up 11.26%; SanDisk (SNDK) up 12.90%; SK Hynix (SKHY.O) up 7.52%.
In addition, most crypto concept stocks rose, among them: Strategy (MSTR) up 1.25%; Coinbase (COIN) up 0.60%; Circle (CRCL) down 0.15%; BitMine Immersion (BMNR) up 1.66%; SharpLink Gaming (SBET) up 3.34%.
