U.S. stock market early trading: Nasdaq down 1%, Chinese concept stocks and technology stocks broadly decline, NIO down about 5%

Wallstreetcn
2025.03.21 13:31

U.S. stock market early trading: The Dow Jones Industrial Average fell 0.8%, and the S&P 500 index fell 0.8%. The China concept index fell 1.5%, with NIO down about 5%. The company's Q4 revenue increased by 15.2% year-on-year, with a net loss of 22.4 billion yuan for the year. Technology stocks generally fell, with Micron Tech down about 6% after releasing its second fiscal quarter report. FedEx fell about 10% as the company lowered its full-year performance guidance and capital expenditure expectations. Nike fell about 5% after the company released its third fiscal quarter report