---
title: "US Stocks Open Lower: Nasdaq Down 1.1%, Storage Chip Concept Stocks and Popular Chinese Concept Stocks Fall Broadly"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/280641158.md"
description: "The Dow Jones Industrial Average fell 0.5%, and the S&P 500 Index dropped 0.8%. Storage chip concept stocks fell broadly, 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 fell broadly, with XPeng down about 4%, Bilibili down about 3%, Baidu down about 3%, and Alibaba down about 3%"
datetime: "2026-03-26T13:32:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/280641158.md)
  - [en](https://longbridge.com/en/news/280641158.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/280641158.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/280641158.md) | [繁體中文](https://longbridge.com/zh-HK/news/280641158.md)


# US Stocks Open Lower: Nasdaq Down 1.1%, Storage Chip Concept Stocks and Popular Chinese Concept Stocks Fall Broadly

The Dow Jones Industrial Average fell 0.5%, and the S&P 500 Index dropped 0.8%. Storage chip concept stocks fell broadly, 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 fell broadly, with XPeng down about 4%, Bilibili down about 3%, Baidu down about 3%, and Alibaba down about 3%.

### Related Stocks

- [Micron Technology, Inc. (MU.US)](https://longbridge.com/en/quote/MU.US.md)
- [S&P 500 (.SPX.US)](https://longbridge.com/en/quote/.SPX.US.md)
- [Sandisk Corporation (SNDK.US)](https://longbridge.com/en/quote/SNDK.US.md)
- [NASDAQ Composite Index (.IXIC.US)](https://longbridge.com/en/quote/.IXIC.US.md)
- [BILIBILI-W (09626.HK)](https://longbridge.com/en/quote/09626.HK.md)
- [BABA-W (09988.HK)](https://longbridge.com/en/quote/09988.HK.md)
- [Bilibili Inc. (BILI.US)](https://longbridge.com/en/quote/BILI.US.md)
- [Western Digital Corporation (WDC.US)](https://longbridge.com/en/quote/WDC.US.md)
- [ALI HEALTH (00241.HK)](https://longbridge.com/en/quote/00241.HK.md)
- [Baidu, Inc. (BIDU.US)](https://longbridge.com/en/quote/BIDU.US.md)
- [XPeng Inc. (XPEV.US)](https://longbridge.com/en/quote/XPEV.US.md)
- [Alibaba Group Holding Limited (BABA.US)](https://longbridge.com/en/quote/BABA.US.md)
- [BIDU-SW (09888.HK)](https://longbridge.com/en/quote/09888.HK.md)
- [GraniteShares 2x Long BABA Daily ETF (BABX.US)](https://longbridge.com/en/quote/BABX.US.md)
- [Invesco PHLX Semiconductor ETF (SOXQ.US)](https://longbridge.com/en/quote/SOXQ.US.md)
- [Fidelity Nasdaq Composite ETF (ONEQ.US)](https://longbridge.com/en/quote/ONEQ.US.md)
- [KraneShares 2x Long BABA Daily ETF (KBAB.US)](https://longbridge.com/en/quote/KBAB.US.md)
- [iShares Semiconductor ETF (SOXX.US)](https://longbridge.com/en/quote/SOXX.US.md)
- [VanEck Semiconductor ETF (SMH.US)](https://longbridge.com/en/quote/SMH.US.md)
- [GraniteShares 2x Long MU Daily ETF (MULL.US)](https://longbridge.com/en/quote/MULL.US.md)
- [Direxion Daily Semicondct Bull 3X ETF (SOXL.US)](https://longbridge.com/en/quote/SOXL.US.md)
- [State Street® SPDR® S&P® Smcndctr ETF (XSD.US)](https://longbridge.com/en/quote/XSD.US.md)
- [Invesco Semiconductors ETF (PSI.US)](https://longbridge.com/en/quote/PSI.US.md)
- [Guotai CES Semiconductor Chip Industry ETF (512760.CN)](https://longbridge.com/en/quote/512760.CN.md)

## Related News & Research

- [Evanson Asset Management LLC Purchases Shares of 5,080 Alibaba Group Holding Limited $BABA](https://longbridge.com/en/news/280440745.md)
- [World Equity Group Inc. Buys New Holdings in Micron Technology, Inc. $MU](https://longbridge.com/en/news/280627149.md)
- [Micron's stock falls further, but this analyst says bears are missing the point](https://longbridge.com/en/news/280645089.md)
- [These Analysts Slash Their Forecasts On Alibaba Following Weak Q3 Results](https://longbridge.com/en/news/279959239.md)
- [VW's first model with Xpeng ID.UNYX 08 starts pre-sales in China](https://longbridge.com/en/news/280648650.md)