U.S. stocks opened lower across the board, with large-cap tech stocks and Chinese concept stocks showing mixed performance.
U.S. stocks opened lower across the board, with the S&P 500 down 0.55%, the Dow Jones down 0.59%, and the Nasdaq down 1.35%. Among large-cap tech stocks, Apple rose 1.70%, Meta rose 1.28%, SpaceX fell 2.24%, AMD fell 2.29%, Amazon fell 3.44%, and Google A fell 12.27%. Among Chinese concept stocks, Pinduoduo rose 1.20%, Bilibili fell 1.28%, NIO fell 1.36%, Li Auto fell 1.67%, Alibaba fell 1.70%, NetEase fell 1.76%, and XPeng fell 2.25%.