U.S. stock market early trading: Nasdaq up 0.2%, China concept index down 1%, Coinbase up about 12%

Wallstreetcn
2025.05.13 13:32

The Dow Jones fell 0.4%, while the S&P 500 rose 0.1%. Most Chinese concept stocks declined, with XPeng down about 4% and JD down about 1%. Most tech stocks rose, with NVIDIA up about 1%. Coinbase rose about 12%, as the company will be included in the S&P 500 index. Data shows that the U.S. April CPI increased by 2.3% year-on-year, marking the third consecutive month of growth below expectations and the lowest level since February 2021