On the morning of May 8, Beijing time, US stocks exhibited a mixed performance during Wednesday's midday trading session. Shares of Alphabet, the parent company of Google, plummeted, primarily due to news that Apple intends to integrate AI search capabilities into its browser, thereby dragging down the Nasdaq index. Additionally, markets are keenly observing the upcoming high-level economic and trade negotiations between China and the US, as well as the impending interest rate decision from the Federal Reserve.

The Dow Jones Industrial Average managed to rise, whereas the Nasdaq Composite and S&P 500 indices showed mixed results. Disney's shares soared as its earnings and revenue surpassed expectations, bolstered by an unexpected surge in streaming subscribers. Conversely, Uber's shares declined as its revenue fell short of expectations.

The high-level economic and trade talks between China and the US are perceived as a positive indicator that trade tensions might ease. Investors are eagerly awaiting the Federal Reserve's interest rate decision, with consensus expecting rates to remain unchanged but with close scrutiny on the possibility of future rate cuts.