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U.S. Stock Indices Decline Thursday; SK Hynix ADR Falls 13.6%, Semiconductor Stocks Lead Selloff

GateNews
StocksIndices
SKHY-13.53%
SNDK-12.60%
MU-5.45%
GOOG-4.43%
NVDA-2.36%

According to Jin10 Data, U.S. stock markets declined on Thursday (July 17), with the Nasdaq composite dropping 1.47%, the S&P 500 falling 0.5%, and the Dow Jones index declining 0.2%.

Semiconductor stocks led the selloff: SK Hynix ADR (SKHY.O) closed down 13.6%, SanDisk (SNDK.O) fell 12.6%, and Micron Technology (MU.O) dropped 5.6%. Major tech stocks also declined, with Alphabet (GOOG.O) down over 4% and Nvidia (NVDA.O) down over 2%.

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