US Stock Market Move | Nasdaq Golden Dragon Index drops by 1.53%, popular Chinese concept stocks generally declined.
On Thursday, the Nasdaq Golden Dragon Index fell by 1.53%, popular Chinese concept stocks dropped collectively, and Alibaba (BABA.US) fell by over 2%.
On Thursday, the Nasdaq Golden Dragon Index fell by 1.53%. Popular Chinese concept stocks fell across the board, with Alibaba Group Holding Limited Sponsored ADR (BABA.US) dropping by over 2%, Li Auto, Inc. Sponsored ADR Class A (LI.US) down by 2%, UP Fintech Holding Ltd. Sponsored ADR Class A (TIGR.US), and New Oriental Education & Technology Group, Inc. Sponsored ADR (EDU.US) falling by over 1%. The three major US stock indexes all fell, with the Nasdaq down by 0.67%, the S&P 500 down by 0.81%, and the Dow down by 1.36%.
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