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US Stock Market: Nasdaq Under Pressure but Semiconductor and Storage Sectors Strongly Rebound

On July 6, according to BIT (bit.com) market data, the three major US stock indices showed mixed performance in after-hours trading. The Dow Jones Industrial Average rose by 1.14%, the S&P 500 index remained essentially flat, while the Nasdaq index fell by 0.8%. The market structure indicates that funds continue to rebalance within growth stocks, with traditional weight and value sectors relatively strengthening. However, within technology, there is noticeable divergence and volatility, with the semiconductor and storage sectors clearly showing independent rebound trends. The demand for valuation recovery after previous adjustments has driven funds back into these sectors. Notable stock movements include NVIDIA (NVDA) up 0.17%, TSMC (TSM) up 2.11%, Marvell Technology (MRVL) up 1.94%, Seagate Technology (STX) up 3.39%, Western Digital (WDC) up 4.91%, SanDisk (SNDK) up 5.85%, and Micron Technology (MU) up 4.36%.

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