The three major U.S. stock indexes closed lower across the board, with semiconductor, storage, and optical communication sectors leading the declines; the Philadelphia Semiconductor Index plunged 4.65%.

According to market data from BIT (bit.com), the U.S. resuming military strikes and oil sanctions against Iran has impacted U.S. stocks, with the three major indices closing lower across the board: the Dow Jones Industrial Average fell 0.25%, the Nasdaq dropped 1.16%, and the S&P 500 declined 0.45%. Semiconductor and storage sectors weakened, with the Philadelphia Semiconductor Index plunging 4.65%, and SpaceX’s stock fell nearly 7% to hit a new low since its IPO. The U.S. storage sector led losses, with Western Digital (WDC) down 7.86%, Seagate Technology (STX) down 4.68%, Micron Technology (MU) down 4.71%, and SanDisk (SNDK) down 7.26%. Semiconductor stocks overall trended lower, with Lam Research (LRCX) down 6.87%, Applied Materials (AMAT) down 6.46%, Marvell Technology (MRVL) down 7.45%, KLA Corporation (KLAC) down 7.22%, AMD (AMD) down 6.51%, and Intel (INTC) down 9.66%. Optical communication concept stocks also faced pressure ahead of trading, with Astera Labs (ALAB) down 11.12%, Ciena (CIEN) down 3.44%, Coherent (COHR) down 6.43%, Lumentum (LITE) down 4.42%, and Corning (GLW) down 4.84%.