U.S. stock market opens: Chinese concept index rises 3.4%, Alibaba rises 11%, China Yuchai rises about 44%, the three major U.S. stock indices open lower

Wallstreetcn
2025.02.20 14:35

Chinese concept stocks Alibaba rose 11%, GDS Holdings rose 18.3%, Century Internet rose 16.8%, China Yuchai rose 43.7%, Bilibili rose about 16.58%, Kingsoft Cloud rose over 10%, JD.com rose 5.9%, and the Chinese concept ETF YINN rose 5.5%.

Palantir fell 7.4%, Walmart fell 5.6%, marking the worst intraday performance since November 2023, Amazon and C3.ai fell over 1%, NXP Semiconductors rose over 3%, and NVIDIA rose 0.7%.

The S&P 500 index opened down 9.65 points, a decrease of 0.16%, at 6134.50 points;

The Dow Jones Industrial Average opened down 66.48 points, a decrease of 0.15%, at 44561.11 points;

The Nasdaq Composite opened down 27.07 points, a decrease of 0.13%, at 20029.19 points

Source: Wallstreetcn The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.