On January 6th's market close, the three major U.S. stock indices—the Dow Jones Industrial Average, the Nasdaq Composite, and the S&P 500 Index—all closed in positive territory. The Dow Jones Industrial Average surged by 0.99%, the Nasdaq Composite climbed by 0.65%, and the S&P 500 Index advanced by 0.62%, with both the Dow and the S&P 500 Index achieving unprecedented record closing highs. The performance of large-cap tech stocks was a mixed bag: Amazon soared by over 3%, Microsoft and Intel both rose by more than 1%, and Meta experienced a modest uptick. Conversely, Tesla plummeted by over 4%, Apple dipped by more than 1%, and Nvidia, Google (Alphabet), and Netflix all saw slight declines. Among popular Chinese concept stocks, the majority declined: Tencent Music fell by over 4%, Alibaba and iQiyi both dropped by more than 3%, Baidu and Li Auto declined by over 2%, Nio slipped by more than 1%, and JD.com, Bilibili, and Xpeng all witnessed slight decreases. However, Pinduoduo and Zhihu rose by over 2%, and NetEase experienced a slight increase.
