All major U.S. stock indexes closed lower, with Google down 12%, and most crypto-related stocks declining

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All major U.S. stock indexes closed lower, with Google plunging 12%, while semiconductors and storage, crypto-related stocks, and optical communications mostly declined

BlockBeats News,October 30, according to BIT stock platform data, all major U.S. stock indexes closed lower, with the Nasdaq down 1.38%, the Dow down 0.25%, and the S&P 500 Index down 0.3%. Google plunged 12%, wiping out 479000000000 USD in market capitalization. Most of the “Magnificent Seven” declined: Meta Platforms rose 1.97%, Apple rose 1.48%, Microsoft fell 0.11%, Tesla fell 0.23%, Nvidia fell 0.80%, Amazon fell 4.25%, and Google fell 12.34%.

Most stocks across the major sectors of semiconductors and storage, crypto-related stocks, and optical communications declined.

Semiconductors and storage: Seagate (STX) rose 0.36%; Western Digital (WDC) fell 0.25%; SanDisk (SNDK) fell 5.32%; Micron (MU) fell 4.98%; Nvidia (NVDA) fell 0.80%; Intel (INTC) fell 3.62%；AMD（AMD) fell 2.08%.

Crypto-related stocks: MicroStrategy (MSTR) fell 2.44%；Coinbase（COIN) fell 1.07%；Circle（CRCL) fell 2.11%；Bitmine（BMNR) fell 1.77%；SharpLink（SBET) fell 1.77%.

Optical communications:FOTO（FOTO) fell 1.16%; Marvell (MRVL) fell 13.24%; Applied Optoelectronics (AAOI) fell 3.69%; Lumentum (LITE) rose 0.61%; Coherent (COHR) fell 0.99%；Ciena（CIEN) fell 3.79%；Fabrinet（FN) fell 5.07%；AXT（AXTI) fell 5.44%.

Original link https://m.theblockbeats.info/flash/374471

Key points

The Nasdaq Index fell 1.38%。
The Dow Jones Index fell 0.25%。
The S&P 500 Index fell 0.3%。
Google fell 12.34%, with the article stating that market capitalization was wiped out 479000000000 USD。
Most stocks in the semiconductor and storage, crypto-related, and optical communications sectors declined.

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

This is an overview of U.S. stock market closing data, listing the gains and losses of the major indexes, Google, and multiple sectors and individual stocks.

Why it matters to readers

The simultaneous declines in the indexes and multiple related sectors help readers understand the day's performance of U.S. technology and crypto-related stocks.

Beginners can first focus on index movements, then compare the performance of different companies within the same sector.

Risks and unknowns

The reported data comes from a BIT stock platform and does not provide links to raw exchange or official closing data.
The original article does not explain the specific reason for Google's sharp decline.
The performance of the individual stocks and sectors in the article does not represent trends in subsequent trading days.

All major U.S. stock indexes closed lower, with Google down 12%, and most crypto-related stocks declining

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