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<US Mkt>DJIA Ends Down 154 Pts on 4D Slump; Alphabet Spikes 5%+ Outrunning; CN ADRs Ebb
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The three major US stock indexes softened, as the market is awaiting the release of the latest US inflation data this week. The DJIA shrank for the fourth consecutive trading day, closing down 154 pts or 0.4% at 44,247. The S&P 500 and the Nasdaq fell for the second day, with the former dipping 17 pts or 0.3% to 6,034, and the latter fading 49 pts or 0.3% to 19,687. Oracle's (ORCL.US) revenue from AI cloud infrastructure did not help its 2FQ results exceed market expectations. The stock dived about 7% at close. Google launched a new chip, Willow, which made a major breakthrough in the field of quantum computing. Alphabet (GOOG.US) soared more than 5%, becoming the best performer in the Nasdaq 100. Nvidia (NVDA.US) slumped after hiking, closing down nearly 3%. Tesla (TSLA.US) leaped about 3%. Chinese ADRs that executed well on Monday descended, with Pinduoduo (PDD.US), Alibaba (BABA.US) and JD.com (JD.US) slipping 3-5%, NIO (NIO.US) cratering 8%, and Bilibili (BILI.US) tumbling 11%. AAStocks Financial News |
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