U.S. stock market opens: Nasdaq down 0.3%, AppLovin, NVIDIA, and Tesla down at least 1%, Chinese concept index down 3%

Wallstreetcn
2025.02.28 14:36

The S&P 500 index opened down 4.83 points, a decrease of 0.08%, at 5856.74 points;

The Dow Jones Industrial Average opened up 20.34 points, an increase of 0.05%, at 43259.84 points;

The Nasdaq Composite Index opened down 67.25 points, a decrease of 0.36%, at 18477.17 points.

NVIDIA fell 1.8%, Tesla fell 1%, AppLovin fell 2.4%, Rocket Lab fell 17.3%; Coinbase fell 1.8%, and "Bitcoin whale" Strategy (formerly MicroStrategy) fell 0.7%.

The Nasdaq Golden Dragon China Index fell 3.5%, Chinese concept stock Alibaba fell 4.1%, XPeng fell about 7.6%, and the Chinese concept ETF YINN fell 9%