The three major stock indices collectively closed lower, while Chinese concept stock Baidu surged over 4%

Last night, the U.S. stock market showed mixed performance, with all three major indices slightly declining. The Dow Jones Industrial Average ultimately fell by 0.20%, the S&P 500 dipped by 0.14%, and the Nasdaq Composite retreated by 0.24%.

Tech stocks had a varied performance: Tesla closed down by 1%, while chip giant Intel rose against the trend by 1.7%. AI leader Nvidia slightly fell by 0.3%, still maintaining a position near historical highs.

In terms of Chinese concept stocks, the Nasdaq Golden Dragon China Index rose slightly by 0.26%, with some individual stocks standing out. Baidu became the market focus, with its stock price soaring by 4.4%, reaching a recent high. The new energy vehicle sector's XPeng Motors also performed strongly, rising by 3.7%, demonstrating the market's ongoing optimism for China's smart electric vehicle sector.

Analysts point out that despite the overall pressure on the market, some individual stocks with clear growth prospects are still favored by investors. Especially in frontier technology areas like artificial intelligence and electric vehicles, market differentiation is apparent, and investors are actively seeking structural opportunities. $BTC $ETH $BNB #Strategy增持比特币