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U.S. stocks opened lower, with the Dow Jones Industrial Average down 0.2%, the S&P 500 down 0.5%, and the Nasdaq down 1.1%. Storage stocks generally declined, with SanDisk (SNDK.O) down 5% and Micron Technology (MU.O) down 4.6%. Most prominent tech s

2026-08-18

U.S. stocks opened lower, with the Dow Jones Industrial Average down 0.2%, the S&P 500 down 0.5%, and the Nasdaq down 1.1%. Storage stocks generally declined, with SanDisk (SNDK.O) down 5% and Micron Technology (MU.O) down 4.6%. Most prominent tech stocks fell, with Meta Platforms (META.O) down 1.9% as the company faces a massive lawsuit hearing on Tuesday. Baidu (BIDU.O) fell 9% after its earnings release, Pony.ai (PONY.O) fell 7%, and iQiyi (IQ.O) fell 3.7%.

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