[U.S. Stock Market Close: Chip Stocks Plunge, SanDisk Drops 14%] Jin10 Data, July 3 — U.S. stocks closed on Thursday with the Dow Jones Industrial Average preliminarily up 1.1%, hitting another record high at close. The S&P 500 Index edged down slightly, while the Nasdaq Composite fell 0.8%. Micron Technology (MU.O) dropped 5.4%, SanDisk (SNDK.O) plunged 14%, Intel (INTC.O) fell 5%, and both Seagate Technology (STX.O) and Western Digital (WDC.O) declined around 10%. Apple (AAPL.O) defied the trend, rising 4.8%, while Meta (META.O) fell nearly 5%. The Nasdaq Golden Dragon China Index dropped 1.77%, with Baidu (BIDU.O) and XPeng Motors (XPEV.N) both down around 4%.