Home » The three major U.S. stock indexes ended mixed, with popular Chinese concept stocks generally rising Li Auto rose nearly 12%

The three major U.S. stock indexes ended mixed, with popular Chinese concept stocks generally rising Li Auto rose nearly 12%

by admin

Title: U.S. Stock Market Sees Mixed Gains and Losses, Beyond Meat Soars Over 100%

According to reports from Securities Times on February 27, the three major U.S. stock indexes experienced a day of mixed gains and losses. The Dow Jones Industrial Average ended the day down by 0.25% at 38,972.41 points, while the S&P 500 Index saw an increase of 0.17% to reach 5,078.18 points. The Nasdaq Composite Index also experienced a rise of 0.37% to close at 16,035.30 points.

Tech stocks were mostly on the rise, with notable increases seen in companies like Netflix, Meta, AMD, Google, and Apple. Tesla also saw a slight increase in its stock price. However, companies like Nvidia, Amazon, and Microsoft experienced minor declines.

One of the standout performers of the day was artificial meat company Beyond Meat, whose stock price soared by more than 100% in after-hours trading due to better-than-expected fourth-quarter net revenue.

Popular Chinese concept stocks also saw positive movement, with the Nasdaq China Golden Dragon Index rising by 2.10%. Companies like Gaotu, Li Auto, NetEase, iQiyi, Weibo, and others saw significant gains, while Ctrip and Tencent Music saw slight declines.

It is important to note that the information provided is for reference only and should not be considered as investment advice. Investors are advised to make decisions at their own risk.

For the latest updates on the stock market and investment opportunities, download the official “Securities Times” app or follow their WeChat official account. Stay informed and seize wealth opportunities with timely information and insights.

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