Lates News

The S&P 500 Index closed down 0.8% at the preliminary stage, with the consumer discretionary, energy, materials, financial, healthcare, and telecommunications sectors all falling by at least 1%. The Nasdaq 100 Index fell by approximately 0.9%, with component stocks Tesla down 6.8%, Arm Holdings down 5.1%, MicroVision down 4.6%, and companies like Amphenol, Silicon Labs, Qualcomm, and NXP all falling by more than 2%. Pinduoduo ADR, on the other hand, closed up 1.4%, leading the way, while nuclear power company CEG rose by 2.2%, and Doordash and Palantir both rose by 3.3% and 3.4% respectively. The index of the seven tech giants in the US fell by 1%, while the "Trump Tariff Losers Index" fell by 1.3%; the Philadelphia Bank Index fell by 1.8%, the Bank Index fell by 1%, and the biotechnology index fell by 1.5%.