The three major U.S. stock indices closed mixed, with SanDisk falling over 10%

According to Gate's market data, U.S. stocks closed on Friday with the Dow Jones Industrial Average initially rising 0.45%, the S&P 500 index up 0.05%, and the Nasdaq down 0.64%. The storage concept weakened, with SanDisk (SNDK.O) down 10.79%, SK Hynix (SKHY.O) down 8.81%, and Micron Technology (MU.O) down 6.99%. The Philadelphia Semiconductor Index fell 4.25%, with Intel (INTC.O) down 7.89%.

IBM (IBM.N) rose 3.64%, and Apple (AAPL.O) rose 3.53%. The Nasdaq China Golden Dragon Index fell 0.68%, with Alibaba (BABA.N) down 1.67% and Baidu (BIDU.O) down 1.91%.