Chinese e-commerce stocks — U.S.-traded shares of $JD.com (J...

Chinese e-commerce stocks — U.S.-traded shares of $JD.com (JD.US)$ and $PDD Holdings (PDD.US)$ lost 3.1% and 2.3%, respectively, as sentiment around China's economy worsened. A senior central bank member said the country has limited room for further monetary easing, calling for structural reforms to the economy.
Media stocks — Media companies saw their shares rise after writers and studios reached a preliminary labor agreement. $Paramount Group Inc (PGRE.US)$ and $Warner Bros Discovery (WBD.US)$ each rose about 2%. Shares of $Amazon (AMZN.US)$ and $Disney (DIS.US)$ also ticked up, 0.8% and 0.6%, respectively, on the news.
$HP Inc (HPQ.US)$ — Shares of the computer company fell about 3% after Berkshire Hathaway sold 4.8 million shares, or approximately $130 million, of HP.
$Sealed Air (SEE.US)$ — The food packaging company jumped 2.7% after Citi upgraded shares to buy from neutral. Analyst Anthony Pettinari cited a discounted valuation relative to historical averages and the potential for material portfolio transformation actions.
$NIO Inc (NIO.US)$ — The U.S.-traded shares of the Chinese electric vehicle maker fell nearly 6%, on news that the company is considering raising $3 billion from investors.