The three primary US stock indexes commenced trading on a positive note, with the Nasdaq Composite Index surging 3.81%, the Dow Jones Industrial Average rising 2.47%, and the S&P 500 Index gaining 2.68%. The seven technology giants of the US stock market opened strongly, with Amazon soaring over 8% and Tesla advancing more than 6%. Popular Chinese concept stocks also witnessed a general uptick, with the Nasdaq Golden Dragon China Index climbing 4.5%, and notable gains of 6.8% each for Xpeng Motors, Pinduoduo, and Alibaba.
