US stocks close: Dow hits new high, technology stocks drag S&P and Nasdaq down, pdd holdings plunges nearly 30%.
① The three major indices rose and fell unequally; ② Semiconductor stocks generally declined, with the PHLX Semiconductor Index down 2.51%; ③ Most popular China concept stocks closed lower, with PDD Holdings plunging over 28%; ④ Apple will hold a product launch event on September 9th local time, and new devices such as iPhone 16 are expected to be released.
Top Gap Ups and Downs on Monday: TM, BABA, PDD and More
PDD Holdings Price Target Cut to $151.00/Share From $193.00 by Jefferies
Dow Closes at Record High; S&P 500, Nasdaq Fall
PDD Holdings Cut to Neutral From Outperform by Macquarie
PDD Holdings Analyst Ratings
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