At the conclusion of trading on May 28, the three major U.S. stock indexes exhibited a downward trajectory, with the Dow Jones Industrial Average slipping 0.58%, the Nasdaq Composite declining 0.51%, and the S&P 500 losing 0.56%. Among the large-cap technology stocks, performances were mixed. Tesla's share price dipped by more than 1%, while Microsoft, Amazon, NVIDIA, and Google all witnessed modest declines. Conversely, Arm's share price appreciated by more than 1%, and Meta and Apple registered slight gains. Additionally, the majority of popular Chinese stocks listed in the U.S. declined, with Pinduoduo and iQIYI's share prices dropping over 4%, JD.com and Alibaba's share prices falling more than 2%, and Bilibili and Li Auto's share prices decreasing by more than 1%. Baidu, NetEase, Weibo, and NIO also saw minor losses; however, TAL Education Group's share price bucked the trend, rising by more than 2%.
