On February 28, the US stock market exhibited mixed performances at the opening bell, with the Dow Jones Industrial Average inching up 0.05%, the S&P 500 dipping slightly by 0.08%, and the Nasdaq Composite declining by 0.36%. Chinese stocks, on the other hand, broadly retreated, with XPeng Inc. shedding over 7%, Li Auto Inc. and Alibaba Group Holding Ltd. both losing more than 4%, and JD.com Inc. declining by over 3%.