---
title: "U.S. stock market early trading: Nasdaq down 1%, Chinese concept stocks and technology stocks broadly decline, NIO down about 5%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/232753124.md"
description: "U.S. stocks performed poorly at the beginning of the trading session, with the Nasdaq down 1%. The Dow Jones Industrial Average and the S&P 500 Index both fell by 0.8%. The China concept stock index dropped by 1.5%, with NIO's stock price falling by about 5%, despite its Q4 revenue increasing by 15.2% year-on-year, and a net loss of 22.4 billion yuan for the year. Technology stocks generally declined, with Micron Tech down about 6%, FedEx down about 10% and lowering its full-year performance guidance, and Nike down about 5%"
datetime: "2025-03-21T13:31:26.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/232753124.md)
  - [en](https://longbridge.com/en/news/232753124.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/232753124.md)
generator: "portal-rs"
---

# U.S. stock market early trading: Nasdaq down 1%, Chinese concept stocks and technology stocks broadly decline, NIO down about 5%

U.S. stock market early trading: The Dow Jones Industrial Average fell 0.8%, and the S&P 500 index fell 0.8%. The China concept index fell 1.5%, with NIO down about 5%. The company's Q4 revenue increased by 15.2% year-on-year, with a net loss of 22.4 billion yuan for the year. Technology stocks generally fell, with Micron Tech down about 6% after releasing its second fiscal quarter report. FedEx fell about 10% as the company lowered its full-year performance guidance and capital expenditure expectations. Nike fell about 5% after the company released its third fiscal quarter report

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**