U.S. stocks close | S&P 500 rises for two consecutive days, Amazon up nearly 4%, with a market cap exceeding $2 trillion; shareholder meetings could not reverse the decline, and Nvidia barely closed up.
The Dow Jones Industrial Average closed slightly higher, still hovering near its weekly low, while the seven sisters of American technology stocks rose together, with Tesla up nearly 5%; Micron's financial report is bullish but the guidance is not enough to surprise, and it fell more than 9% after hours; China concept stocks index is hovering near a ten-week low, with NIO Inc. up more than 6%.
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US stocks closed with the S&P 500 ending a three-day losing streak, while chip stocks made a strong comeback, with Nvidia rising nearly 7%. After hours, Volkswagen's investment in Rivian caused a 46% increase in the stock price.
The Dow Jones Industrial Average fell, ending a five-day streak of gains; growth tech stocks rose together, with Google A rising nearly 2.7% to a new all-time high; the China concept stocks index fell 1.3%, and Bilibili fell nearly 3%.
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US stocks closing | S&P continued to fall! AI stocks cooled down again, with Nvidia falling nearly 7%, market cap falling below $3 trillion.
The Dow Jones Industrial Average rose for the fifth consecutive day to a five-week high. The Chinese concept stock index outperformed, closing up 1.3%. NIO Inc and Li Auto Inc rose more than 3%, while Xpeng rose more than 2%.
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