Securities Times News, on May 24 local time, the three major U.S. stock indexes closed down across the board. As of the close, the Dow reported 32799.92 points, down 0.77%; the S&P 500 index reported 4115.24 points, down 0.73%; the Nasdaq reported 12484.16 points, down 0.61%.
Large technology stocks were mixed, Amazon rose 1.53%, Facebook parent company Meta rose 1%, Apple rose 0.16%; Tesla fell 1.53%, Google A fell 1.35%, Microsoft and Nvidia fell slightly.
Nvidia’s revenue in the first quarter was US$7.19 billion, analysts expected US$6.52 billion; second-quarter revenue was expected to fluctuate by 2% to US$11 billion, and analysts expected US$7.18 billion. As of press time, Nvidia jumped 24% after hours.
Bank stocks generally fell, Citigroup fell more than 3%, Barclays fell more than 2%, Morgan Stanley, Bank of America, Deutsche Bank, Charles Schwab, Credit Suisse, etc. fell more than 1%.
Energy stocks were mixed. Marathon Petroleum, Petrobras, Devon Energy, and Exxon Mobil rose more than 1%, while Chevron rose slightly; Shell fell more than 1%, and ConocoPhillips and BP fell slightly.
Popular Chinese concept stocks generally fell, and the Nasdaq China Golden Dragon Index fell more than 2%. In terms of individual stocks, Weilai fell more than 9%, Kingsoft Cloud fell nearly 8%, Xiaopeng Motors fell more than 5%, Bilibili fell nearly 4%, JD.com fell more than 3%, and iQiyi and Baidu fell more than 2%.
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