Dow Jones opened down by 0.1%, S&P 500 dropped by 0.1%, Nasdaq fell by 0.03%

Echostar rose by 84.1%, AT&T announced that it will acquire spectrum licenses from Echostar for $23 billion. Lilly rose by 2.8%, its weight-loss drug orforglipron successfully passed another late-stage clinical trial. AMD rose by 3.0%, with a trust bank upgrading its rating to "buy." EHang Intelligent dropped by 10.1%, significantly lowering its annual revenue guidance to around 500 million yuan.