U.S. stock market opens: Chinese concept index rises 3.6%, Nasdaq rises 0.2%, Philadelphia Semiconductor Index rises 0.8%

Wallstreetcn
2025.03.05 14:36

The Nasdaq Golden Dragon China Index rose 3.6%, closing at 7587.47 points.

The S&P 500 Index opened up 3.21 points, an increase of 0.06%, closing at 5781.36 points;

The Dow Jones Industrial Average opened down 2.62 points, a decrease of 0.01%, closing at 42518.37 points;

The Nasdaq Composite Index opened up 27.80 points, an increase of 0.15%, closing at 18312.97 points.

Chinese concept stocks: Full Truck Alliance rose 11.8%, Kingsoft Cloud rose over 6%, XPeng rose 5%, JD.com rose about 4%, Alibaba rose 4.1%, Baidu and Pinduoduo rose over 2%, and the Chinese concept ETF YINN rose 8.7%.

Nvidia rose 1.2%, Apple fell 0.4%, Tesla rose 0.1%, Palantir rose over 2%, Ford rose 1.7%, General Motors rose 3.8%, and Broadcom and TSMC ADR rose over 1%

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