US stock market indices decline for four consecutive weeks, AMD drops over 33% recently

NightAirdropper · 2026-03-21T03:15:56+00:00

U.S. stocks performed poorly overall on March 20th, with the three major indices declining for four consecutive weeks. The Dow Jones fell 0.96%, the Nasdaq fell 2.01%, and the S&P 500 fell 1.51%. In terms of individual stocks, AMD dropped more than 33%, optical communication and storage concept stocks were generally weak, and the Chinese leading stock index fell 2.49%.

NightAirdropper

2026-03-21 03:15:56

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【CNMO Technology News】According to “Cailian Press,” on March 20th, Eastern Time, the U.S. stock market performed poorly overall, with the three major indices all closing lower and experiencing four consecutive weeks of decline.

The Dow Jones Industrial Average fell 0.96% that day, with a total weekly decline of 2.11%, marking the longest weekly losing streak since February 2023. The Nasdaq Composite Index performed even worse, dropping 2.01% on the day and 2.07% for the week, also down for four consecutive weeks. The S&P 500 declined 1.51% that day, with a weekly decline of 1.9%, continuing its four-week losing streak, the longest since March 2025.

In individual stocks, Advanced Micro Devices (AMD) was one of the biggest losers recently, dropping over 33%. Optical communication concept stocks also suffered setbacks, with Applied Optoelectronics down over 14%, Coherent down over 9%, and Lumentum down over 8%. Storage concept stocks also performed poorly, with SanDisk down over 8%, Western Digital down over 7%, Seagate Technology down over 5%, and Micron Technology down over 4%.

Chinese concept stocks were not spared, with the leading Chinese stocks index falling 2.49%. Among them, Kingsoft Cloud dropped over 9%, XPeng Motors fell over 8%, NIO declined over 7%, GDS Holdings dropped over 7%, Hesai Technology fell over 6%, and Bilibili declined over 4%.

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