U.S. stock market opens: S&P and Nasdaq down over 1%, semiconductor index down 1.7%, Chinese concept index up over 0.4%

Wallstreetcn
2025.02.12 14:32

The S&P 500 index opened down 43.42 points, a decrease of 0.72%, at 6025.08 points;
The Dow Jones Industrial Average opened down 235.95 points, a decrease of 0.53%, at 44357.70 points;
The Nasdaq Composite opened down 207.35 points, a decrease of 1.06%, at 19436.51 points.
As U.S. CPI inflation data impacts the Federal Reserve's interest rate cut outlook, Tesla rose 0.8%, TSMC ADR fell 2%, AMD rose 9.8%, Meta fell 0.7%, Intel rose over 4%, and NVIDIA fell 2.7%. Chinese concept stocks Baidu rose 1.6%, Alibaba rose 2.8%, Fangdd rose 19.5%, Li Auto rose over 3%, XPeng, NetEase, and Bilibili rose over 1%, and the Chinese concept ETF YINN rose 3.5%

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