SK Hynix Plunges 7.5% on July 28 as Apple Approaches $5 Trillion Market Cap

According to Jin10, the U.S. stock market closed with mixed signals on July 28, with the Dow Jones rising 0.5%, the S&P 500 up 0.02%, and the Nasdaq declining 0.18%. Apple surged 1%, bringing its market capitalization close to the $5 trillion milestone.

Semiconductor stocks faced headwinds, with Micron Technology down 2%, SanDisk sliding 11%, Nvidia dropping 5%, and SK Hynix falling 7.5%.