All three major US stock indexes opened lower, US storage chip sector declines
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According to Jinse Finance, on June 26, the three major U.S. stock indexes opened lower. The Dow Jones Index fell by 0.36%, the S&P 500 Index dropped by 0.65%, and the Nasdaq Composite Index declined by 1.03%. U.S. stock storage chip concept stocks moved lower, with SanDisk and Micron Technology both falling over 6%, and Western Digital and Marvell Technology both declining over 4%. ON Semiconductor dropped over 17%, as the company plans to acquire chip design firm Synaptics in an all-stock deal valued at $6.2 billion.
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