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Details: ht
The US stock market opened today with a differentiated trend among different zones. All three major indices started lower, with the Dow Jones Industrial Average slipping 0.22%, the S&P 500 retreating 0.55%, and the Nasdaq Composite Index, which is dominated by technology stocks, experiencing the largest drop of 0.92%.
The semiconductor giant Intel rose 1.06% against the market trend, amid rumors that the company is seeking a strategic investment from Apple, drawing the attention of investors.
In terms of Chinese concept stocks, the performance shows divergence. The new energy vehicle zone performed remarkably, with XPeng Motors' stock price rising by 3.13%, followed closely by Li Auto with an increase of 2.28%. This may reflect investors' optimistic expectations for the continued growth of the Chinese electric vehicle market.
However, the e-commerce giant Alibaba failed to maintain its upward momentum, falling 2.01% after the opening. This trend may reflect investors' ongoing concern about the regulatory environment in the Chinese internet industry.
Overall, the US stock market today shows characteristics of zone rotation, with investors seemingly reassessing the growth prospects and risk factors of various industries. Against the backdrop of ongoing global economic uncertainty, the cautious sentiment among market participants remains evident. The future direction of the market may continue to be influenced by multiple factors such as macroeconomic data, corporate earnings reports, and geopolitical situations.