As trading concluded on June 5, the three primary U.S. stock market indices exhibited a collective downtrend. The Dow Jones Industrial Average dipped 0.25%, the Nasdaq Composite declined 0.83%, and the S&P 500 fell 0.53%. Among the tech giants, the majority registered losses, with Tesla experiencing a steep drop of over 14%, marking its worst single-day performance since March 10. Advanced Micro Devices also fell by more than 7%, while Apple, Nvidia, and Intel each declined by over 1%. Conversely, Circle, hailed as the "first stablecoin stock," made a strong debut, surging 168% on its first trading day.

Among popular Chinese concept stocks, performances were mixed. NIO saw a decline of over 3%, XPeng dipped nearly 2%, and both JD.com and Pinduoduo experienced minor losses. On the other hand, Zhihu and 36Kr both recorded gains of more than 2%, Baidu and Bilibili increased by over 1%, and Alibaba saw a slight uptick.