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On November 17, as the market drew to a close, all three major U.S. stock indices finished lower. The Dow Jones Industrial Average dipped by 1.18%, the S&P 500 Index shed 0.92%, and the Nasdaq Composite Index lost 0.84%. The majority of large-cap tech stocks saw declines. Intel's stock plummeted by over 2%, while Nvidia, Apple, and Meta each witnessed drops exceeding 1%. Amazon, Microsoft, and Netflix experienced marginal declines. In contrast, Google's shares surged by more than 3%, and Tesla's stock rose by over 1%. Among the popular Chinese concept stocks, a general downward trend was observed. XPeng Motors' stock plummeted by more than 10%, and Li Auto's shares fell by over 4%. Pinduoduo, NetEase, NIO, and iQiyi all saw their stocks decline by more than 1%. Bilibili experienced a slight downturn, whereas Alibaba's stock climbed by over 2%.
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