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The three major U.S. stock indices closed mixed, with storage concept stocks rising.
People’s Financial News, March 12 — The three major U.S. stock indices closed mixed on the 11th, with the Dow down 0.61%, the Nasdaq up 0.08%, and the S&P 500 down 0.08%. Most large tech stocks rose, with Oracle up over 9%, Tesla and Intel up over 2%, Nvidia and Google slightly higher, while Apple and Microsoft saw slight declines. Storage concept stocks rose, with SanDisk up nearly 6% and Micron Technology up nearly 4%. Gold stocks declined, with Harmony Gold dropping nearly 11%. Most popular Chinese concept stocks fell, with the Nasdaq Golden Dragon China Index down 0.77%. iQIYI, Tencent Music, and NIO all fell over 4%, while Bilibili and Kingsoft Cloud declined nearly 4%. DouYu rose over 5%, and Li Auto increased nearly 3%.