Stock Market Update
08-Jan-26 12:05 ET
Memory storage names under pressure
Dow +308.20
at 49304.07,
Nasdaq -103.22
at 23481.08,
S&P -0.19
at 6920.73
[BRIEFING.COM] The major averages are little changed from previous levels, sitting mixed at midday.
Memory storage names such as Sandisk (SNDK 316.99, -36.57, -10.34%), Western Digital (WDC 181.92, -17.96, -8.99%), and Seagate Tech (STX 280.99, -27.27, -8.85%) dot the bottom of the S&P 50 standings today, giving back gains after a sharp rally earlier this week.
While WDC and STX are now in modestly negative territory for the week, SNDK still holds a gain over 15%, as memory storage remains a key component of the AI buildout cycle.
