---
title: "On the first trading day of the new year, the Dow Jones Industrial Average fluctuated and closed up 319 points, Tesla fell over 2%, and Baidu ADR rose 15%"
description: "On the first trading day of 2026, U.S. stocks fluctuated repeatedly, with the Dow Jones Industrial Average ultimately rising by 319 points to close at 48,382 points. The S&P 500 index and Nasdaq both "
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/271362607.md"
published_at: "2026-01-02T21:05:28.000Z"
---

# On the first trading day of the new year, the Dow Jones Industrial Average fluctuated and closed up 319 points, Tesla fell over 2%, and Baidu ADR rose 15%

> On the first trading day of 2026, U.S. stocks fluctuated repeatedly, with the Dow Jones Industrial Average ultimately rising by 319 points to close at 48,382 points. The S&P 500 index and Nasdaq both saw gains of 12 points and a slight decline, respectively. AI stocks performed strongly, with Micron Technology rising by 10.5%, and NVIDIA and AMD also saw increases. Tesla's stock price fell by 2.6% due to delivery numbers falling short of expectations. Chinese concept stocks performed well, with Baidu ADR rising by 15%, and Alibaba and JD.com also saw gains

On the first trading day of 2026, U.S. stocks fluctuated, with the Dow Jones Industrial Average dropping as much as 210 points before ultimately closing up 319 points or 0.7%, at 48,382 points. The S&P 500 index rose by 12 points or 0.2%, closing at 6,858 points. The Nasdaq initially gained as much as 343 points or 1.5%, but later declined slightly, closing down 6 points at 23,235 points.

AI stocks rose, with Micron Technology (MU.US) surging 10.5%, NVIDIA (NVDA.US) closing up 1.3%, and AMD (AMD.US) also rising 4.4%.

Tesla (TSLA.US) reported a 16% drop in deliveries last quarter, falling short of expectations, and lost its position as the world's largest electric vehicle seller for the year, with its stock price closing down 2.6%.

Major tech stocks opened high but closed lower, with Amazon (AMZN.US) and Meta (META.US) both down over 1%, and Apple (AAPL.US) down 0.3%. Alphabet (GOOG.US) edged up 0.5%.

Chinese concept stocks performed well, with Baidu (BIDU.US) ADR shares rising 15%, as its subsidiary Kunlun Chip confirmed its spin-off listing; Alibaba (BABA.US) rose 6.3%. JD.com (JD.US) also increased by about 3%

### Related Stocks

- [BABA.US - Alibaba](https://longbridge.com/en/quote/BABA.US.md)
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- [NVDA.US - NVIDIA](https://longbridge.com/en/quote/NVDA.US.md)

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