---
title: "US Stock Market Morning Session: Chinese concept stocks and oil stocks generally decline, while bank stocks generally rise"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/216873472.md"
description: "In early trading, the performance of US stocks varied, with the Dow down 0.2%, the S&P 500 and the Nasdaq up 0.1%. Chinese concept stocks generally fell, with JD.com and Bilibili down about 6% and 5% respectively. International oil prices fell by more than 5% at one point, leading to a general decline in oil stocks, with TotalEnergies down by about 4%. In contrast, bank stocks generally rose, with Goldman Sachs up 3%, Citigroup up about 1%, Bank of America up about 3%, and Charles Schwab up about 7%"
datetime: "2024-10-15T13:31:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/216873472.md)
  - [en](https://longbridge.com/en/news/216873472.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/216873472.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/216873472.md) | [繁體中文](https://longbridge.com/zh-HK/news/216873472.md)


# US Stock Market Morning Session: Chinese concept stocks and oil stocks generally decline, while bank stocks generally rise

Dow Jones fell by 0.2%, S&P 500 rose by 0.1%, and Nasdaq rose by 0.1%. Chinese concept stocks generally fell, with JD.com dropping by about 6% and Bilibili dropping by about 5%. International oil prices fell by more than 5% at one point, leading to a general decline in oil stocks, with TotalEnergies dropping by about 4%. Banking stocks rose across the board, with Goldman Sachs up by 3%, driven by trading and investment business, surpassing both profit and revenue expectations in the third quarter. Citigroup rose by about 1%, with the company's market division achieving its best performance in at least a decade in the third quarter. Bank of America rose by about 3%, with the company's third-quarter net interest income meeting expectations. Charles Schwab rose by about 7%, with the company's third-quarter net revenue and adjusted earnings per share exceeding market estimates

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