The S&P 500 index opened up 9.40 points, an increase of 0.16%, at 5940.25 points;
The Dow Jones Industrial Average opened down 39.77 points, a decrease of 0.09%, at 42800.49 points;
The Nasdaq Composite opened up 68.45 points, an increase of 0.35%, at 19641.05 points.
NVIDIA rose 1.3%, Texas Instruments rose 0.4%, Tesla rose 2.3%, Novo Nordisk ADR rebounded 4.5%, Eli Lilly rose 2.3%, and Honda ADR rose 14%.
Li Auto ADR rose 2.5%, and the China concept ETF YINN rose 0.9%.
Honda and Nissan announced a merger plan and have signed a memorandum of understanding, with Mitsubishi Motors also agreeing to join the merger talks.
Morgan Stanley rated NVIDIA as a "preferred stock" for 2025, as its Blackwell chip series will become a strong "tailwind," with a target price of $166, about a 23% increase from current levels.
Tesla is recalling nearly 700,000 vehicles in the U.S. due to a tire pressure warning light issue. This problem could lead users to unknowingly drive with under-inflated tires.
Samsung and Texas Instruments have finalized an agreement to receive billions of dollars in government support for building new semiconductor factories in the U.S. Samsung will receive up to $4.75 billion, while Texas Instruments will receive $1.6 billion.
The U.S. Food and Drug Administration (FDA) has approved Eli Lilly's weight loss drug Zepbound for the treatment of obstructive sleep apnea. This is the first prescription drug approved for the treatment of common sleep disorders