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US stocks closed lower on the last day of June with all three major indexes down. The AI-driven Nasdaq rose 18% in the first half of the year, while Nvidia soared 149%.
After hitting a new high, the S&P and Dow fell together, possibly due to Goldman Sachs and JPMorgan bearish on US stocks. Amazon, Google, and Microsoft fell from their recent highs, while most chip stocks rose. However, Nvidia rose 3% before falling 0.4% as the AI hype drove the Nasdaq up 18% and the S&P up 14.5% in the first half of the year.
Li Auto to Hold Event on Jul 5 to Showcase Its Progress on Smart Driving
Li Auto is expected to unveil new developments on its HD map-free NOA (Navigate on Pilot) feature. The post Li Auto to hold event on Jul 5 to showcase its progress on smart driving appeared first on CnEVPost. For more articles, please visit CnEVPost.
Express News | Li Auto Inc will hold its summer 2024 intelligent driving conference on July 5th.
U.S. stocks closed with a thrilling increase in all three indexes, with most technology stocks rising. Amazon rose more than 2%, once again reaching a historic new high.
S&P 500 rose 0.09%, Dow Jones rose 0.09%, and Nasdaq rose 0.3%; chip stocks continued to decline, with Nvidia falling nearly 2%; Chinese concept stocks weakened, with Xiaopeng falling nearly 7% and JD.com falling more than 4%.
US stocks early trading | Three major indexes show divergent trends, Micron Technology drops more than 4% after earnings.
Most new energy auto stocks have weakened, with xpeng and Rivian falling nearly 5%, while Faraday Future has risen against the trend by over 16%.
Express News | The 500th Ideal Supercharging Station has officially started operating.