By the market close on June 30, the three principal U.S. stock indices had all finished the day in positive territory. The Dow Jones Industrial Average climbed 0.59%, the S&P 500 Index surged ahead by 1.18%, and the Nasdaq Composite Index experienced the most significant uptick, gaining 2.07%. A majority of large-cap technology stocks followed suit with upward momentum. Notably, Tesla's stock price soared by 8.46%, Google's shares ascended nearly 5%, Amazon's stock rose by 3.20%, Meta's shares increased by 2.24%, Nvidia's stock gained 1.27%, and Micron Technology's shares advanced by 1.14%. In contrast, Apple's stock dipped by 0.72%, and Microsoft's shares declined by 1.18%. The performance of popular Chinese American Depositary Receipts (ADRs) was a mixed bag. XPeng's stock rose more than 3%, iQIYI and NIO's shares climbed over 2%, and Baidu and Bilibili's stocks increased by more than 1%. On the downside, Futu Holdings' stock dropped over 3%, UP Fintech Holding's shares fell over 2%, and Li Auto and Tencent Music's stocks declined by more than 1%.
