On Monday, U.S. stocks saw divergence among the three major indexes. The S&P 500 fell 0.28% to 7,652.86 points, while the Nasdaq slid 0.76% to 25,980.19, leading the decliners. The Dow, however, rose 0.26% to 53,417.16. Chip stocks were sold off—Philadelphia Semiconductor Index fell nearly 4%. The memory sector plunged hard, with SanDisk and Seagate down more than 6%, and Micron and Western Digital down more than 5%. Optical communications shares dropped as AAOI sank 13%; Lumentum and Coherent fell more than 4%. The “Seven Tech Giants” diverged: Meta rose 1.66%, Amazon gained 1.33%, Microsoft climbed 0.84%, Google advanced 0.83%, and Apple increased 0.32%, while Nvidia fell 2.91%, extending a seven-day losing streak. Chinese concept stocks faced pressure, with NetEase Youdao down 8.86%.