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U.S. stock market opens: Chinese concept index rises 3.6%, Nasdaq rises 0.2%, Philadelphia Semiconductor Index rises 0.8%

Wallstreetcn
Mar 5, 2025 at 02:36 PM

The Nasdaq Golden Dragon China Index rose 3.6%, closing at 7587.47 points.

The S&P 500 Index opened up 3.21 points, an increase of 0.06%, closing at 5781.36 points;

The Dow Jones Industrial Average opened down 2.62 points, a decrease of 0.01%, closing at 42518.37 points;

The Nasdaq Composite Index opened up 27.80 points, an increase of 0.15%, closing at 18312.97 points.

Chinese concept stocks: Full Truck Alliance rose 11.8%, Kingsoft Cloud rose over 6%, XPeng rose 5%, JD.com rose about 4%, Alibaba rose 4.1%, Baidu and Pinduoduo rose over 2%, and the Chinese concept ETF YINN rose 8.7%.

Nvidia rose 1.2%, Apple fell 0.4%, Tesla rose 0.1%, Palantir rose over 2%, Ford rose 1.7%, General Motors rose 3.8%, and Broadcom and TSMC ADR rose over 1%

Source: Wallstreetcn The copyright of this article belongs to the original author/organization.

The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.

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