U.S. stock market early trading: Nasdaq down 0.4%, Tesla down about 8%

Wallstreetcn
2025.07.07 13:31

The Dow Jones fell 0.2%, and the S&P 500 index fell 0.4%. Technology stocks generally declined, with Tesla down about 8% after Musk announced the establishment of the "American Party." Chinese concept stocks were mixed, with XPeng down about 4% and Bilibili up about 6%. CoreWeave fell about 1%, and Core Scientific fell about 18%, with reports stating that CoreWeave will acquire Core Scientific through an all-stock transaction