
U.S. stock market early trading: Chinese concept stocks mixed, Tencent Music up about 4%
The Dow Jones fell 0.04%, the S&P 500 rose 0.1%, and the Nasdaq rose 0.1%. Tencent Music rose about 4%, as the company plans to acquire Himalaya for $1.26 billion. Taiwan Semiconductor rose about 2%, with the company's May revenue reaching NT$320.52 billion, a year-on-year increase of 39.6%. Among large tech stocks, Tesla rose about 1%. Gilead Sciences fell about 2%, as the company stated that the U.S. Food and Drug Administration (FDA) has suspended its AIDS treatment trial