Nasdaq 100 Turns Higher, S&P 500 Up 0.2%; Micron Rebounds, Seagate Gains Nearly 2% After 8% Drop
In a volatile trading day, the Nasdaq 100 turned higher and the S&P 500 rose 0.2% as storage-related stocks staged a recovery. Micron Technology reversed an earlier decline of more than 7% to trade higher, while Seagate Technology gained nearly 2% after erasing an 8% drop. Other storage names also significantly narrowed their losses, with the sector broadly rebounding during the session.
The Nasdaq 100 index turned higher, and the S&P 500 rose 0.2%. Micron Technology turned higher after earlier falling more than 7%. Seagate Technology gained nearly 2% after recovering an 8% decline. Other storage stocks also significantly narrowed their losses.