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On the morning of December 12 (Beijing Time), the U.S. stock market exhibited a mixed bag of results at the closing bell. The Dow Jones Industrial Average surged 1.34%, reaching an all-time high. In contrast, the Nasdaq Composite Index dipped 0.25%, and the S&P 500 Index inched up 0.21%. The majority of large-cap tech stocks experienced a downturn. Oracle's shares plummeted by over 10%, Google's stock fell more than 2%, while Tesla and Nvidia both witnessed declines exceeding 1%. The cryptocurrency and semiconductor sectors also showed signs of weakness, with Arm and Intel both witnessing drops of over 3%. Among the popular Chinese concept stocks, performance was a mixed bag. NIO's stock rose nearly 2%, Baidu's shares increased by over 1%, whereas Alibaba and Bilibili saw their stocks drop more than 1%, and XPeng's stock fell over 2%.
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