At the New York open, the Dow was down 0.2%, the S&P 500 fell 0.5% and the Nasdaq dropped 1.1%. Storage names led declines: SanDisk (SNDK.O) -5%, Micron Technology (MU.O) -4.6%. Major tech names were mostly lower; Meta Platforms (META.O) -1.9% ahead

2026-08-18

At the New York open, the Dow was down 0.2%, the S&P 500 fell 0.5% and the Nasdaq dropped 1.1%. Storage names led declines: SanDisk (SNDK.O) -5%, Micron Technology (MU.O) -4.6%. Major tech names were mostly lower; Meta Platforms (META.O) -1.9% ahead of a high-value damages trial Tuesday. Chinese internet names under pressure after results: Baidu (BIDU.O) -9% post-earnings; Pony.ai (PONY.O) -7%; iQiyi (IQ.O) -3.7%.