Arm Falls 5.23% as AI Stocks Decline on U.S. Market Open

ARM-7.79%
NDAQ2.62%
DOW-0.43%
ALAB-9.99%
According to Odaily and MSX.COM data, U.S. stock market opened on July 16 with mixed index performance. The Nasdaq fell 0.49%, while the S&P 500 declined 0.25% and the Dow Jones rose 0.25%. The VIX fear index increased 3.13%. AI stocks broadly declined, with Arm leading losses at 5.23%, followed by Astera Labs down 4.4%, Teradyne down 3.72%, Ambarella down 3.64%, and Micron down 3.5%.
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