Featured Tech Stocks represent leading technology companies with strong market presence, influential in their industries, and notable for robust innovation and profitability. These firms are market leaders, significantly affecting the tech sector and broader economy.
Trump's tariffs are fluctuating unpredictably, the decline in US stocks is easing, Tesla has rebounded nearly 4%, Chinese concept stocks are booming, and NIO has surged 17%, while the Canadian dollar has a rollercoaster ride.
The three major U.S. stock indices all closed at six-month lows; NVIDIA rose by 1.7%, while Apple fell nearly 3%; United States Steel increased by over 5%, and Aluminum rose by more than 3%; XPeng Motors climbed nearly 15%, and Alibaba rose by almost 5%. The yield on two-year U.S. Treasuries rebounded by over 10 basis points during the session. After Trump threatened to impose tariffs on Canada, the Canadian dollar plunged to a one-week low, then turned to rise; the euro reached a nearly five-month high; Bitcoin rebounded by over $6,000 during the session.
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US stock market closing: the three major Indexes all fell while Chinese concept stocks rose significantly, with Hesai Technology soaring over 50%.
① All three major Indexes closed lower, with the Dow falling more than 1%; ② Hesai Technology surged over 50%, reportedly supplying Lidar Sensors to Mercedes; ③ China Concept Stocks generally rose, with the Nasdaq Golden Dragon China Index increasing by nearly 3%.
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