The Dow Jones opened up 0.1%, the S&P 500 rose 0.3%, and the Nasdaq rose 0.5%.

Texas Instruments fell by 3.8%, ADI fell by 2.6%, China has initiated an anti-dumping investigation on some analog chips originating from the United States. Nvidia fell by 1.3% and will be further investigated for violating Chinese anti-monopoly laws. Tesla rose by 7.6%, with Musk spending $1 billion to buy 2.5 million shares. Monte Rosa Therapeutics rose by 52.8%, reaching a $5.7 billion licensing deal with Novartis. Hesai rose by 4.0%, receiving orders worth over $40 million from a leading Robotaxi company in the United States.