The three major U.S. stock indices all opened lower.

People’s Finance News, March 26 - The three major U.S. stock indexes opened lower collectively, with the S&P 500 index down 0.81%, the Dow Jones down 0.48%, and the Nasdaq down 1.12%. Storage chip concept stocks saw a widespread decline, with Micron Technology down about 4%, Sandisk down about 5%, Western Digital down about 4%, and Seagate Technology down about 3%. Popular Chinese concept stocks also fell broadly, with Xpeng Motors down about 4%, Bilibili down about 3%, Baidu down about 3%, and Alibaba down about 3%.

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