SK Hynix Drops 15% Amid Profit Estimate Concerns; Semiconductor Stocks Fall
On July 13, SK Hynix fell sharply by 15%, dragging down semiconductor stocks and contributing to a broader market decline. The Nasdaq Composite dropped over 1%, while the S&P 500 also declined as growth sectors faltered.
Tickers: $BIIB $MU $SANM $SKHYV $STX
Topics: Dow Jones Industrial Average geopolitical tensions gold prices Nasdaq Composite oil supply disruptions S&P 500 Treasury yield