---
title: "U.S. stock market close: Three major indices closed lower, Sandisk fell 7%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291971290.md"
description: "U.S. stocks closed on Tuesday, with the Dow Jones Industrial Average initially down 0.25%, the S&P 500 down 0.45%, and the NASDAQ down 1.16%. Storage chip stocks continued to decline, with Sandisk down 7%, Western Digital down nearly 8%, and Micron Tech down 4.7%. SpaceX fell nearly 7%. The NASDAQ Golden Dragon China Index closed down 0.57%, with iQIYI down nearly 7%"
datetime: "2026-07-07T20:01:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291971290.md)
  - [en](https://longbridge.com/en/news/291971290.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291971290.md)
---

# U.S. stock market close: Three major indices closed lower, Sandisk fell 7%

On July 8th, Jinshi Data reported that U.S. stocks closed lower on Tuesday, with the Dow Jones Industrial Average initially down 0.25%, the S&P 500 down 0.45%, and the NASDAQ down 1.16%. Storage chip stocks continued to decline, with Sandisk (SNDK.O) down 7%, Western Digital (WDC.O) down nearly 8%, and Micron Tech (MU.O) down 4.7%. SpaceX (SPCX.O) fell nearly 7%. The NASDAQ Golden Dragon China Index closed down 0.57%, with iQIYI (IQ.O) down nearly 7%

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