The Dow Jones Industrial Average closed down 0.13%, Tesla fell over 5%! International oil prices surged more than 11%

China News Jingwei, April 3 (China News Jingwei) — U.S. stocks closed mixed on the day. The Dow Jones Industrial Average fell 0.13% to 46,504.67 points. The S&P 500 rose 0.11% to 6,582.69 points. The Nasdaq rose 0.18% to 21,879.18 points.

Wind screenshot

Large technology stocks saw mixed moves, with the Wind U.S. Technology Seven Giants Index down 0.15%. By individual stock, Tesla fell more than 5% and posted its largest single-day decline since November 2025; Facebook fell 0.82%; Amazon fell 0.38%; Google fell 0.54%; Microsoft rose more than 1%; Nvidia rose nearly 1%; and Apple rose 0.11%.

Energy stocks were mixed. Exxon Mobil fell 0.07%; Chevron rose 0.76%; ConocoPhillips rose more than 1%; Schlumberger fell more than 1%; and Occidental Petroleum rose more than 1%.

Airline stocks mostly declined. Boeing rose 0.48%; American Airlines fell more than 2%; Delta Air Lines fell more than 1%; Southwest Airlines fell more than 1%; and United Airlines fell more than 3%.

Chip stocks were mixed. The Philadelphia Semiconductor Index rose 0.4%; Intel rose nearly 5%; AMD rose more than 3%; Nvidia rose nearly 1%; ARM fell more than 3%; ASML fell more than 3%; Lam Research fell more than 1%; and Applied Materials fell more than 1%.

Chinese concept stocks were mixed. The Nasdaq China Golden Dragon Index fell 0.34%, and the Wind Chinese concept technology leaders index fell 1.40%. Among popular Chinese concept stocks, Bawang Chaji (霸王茶姬) rose more than 10%, Tencent Music rose more than 2%, NIO rose more than 1%, and Huazhu Group rose more than 1%. In terms of decliners, CenturyLink International fell more than 4%, 万国数据 fell more than 4%, JD.com fell more than 1%, Alibaba fell more than 1%, Luxin Holdings fell more than 1%, Kingsoft Cloud fell more than 1%, and Atour fell more than 1%.

In addition, front-month West Texas Intermediate crude futures (WTI) rose 11.93% to $112.06 per barrel, while front-month Brent crude futures (Brent) rose 7.84% to $109.09 per barrel. Regarding market analysis, U.S. President Trump said he would threaten to escalate the situation involving Iran in the coming weeks, shattering market expectations that the conflict would quickly ease and that passage through the Strait would resume. Concerns about a global oil supply contraction intensified significantly, driving oil prices higher.

International precious metals futures generally closed lower. COMEX gold futures fell 2.29% to $4,702.70 per troy ounce, and COMEX silver futures fell 3.82% to $73.17 per troy ounce.

According to a report by CCTV News, on April 2 local time, Gabib Abadi, Deputy Foreign Minister of Iran, said that Iran is studying charging passage fees for ships transiting through the Strait of Hormuz. He also said that the relevant fee standards are still under study and no specific amount has been determined yet.

On the evening of April 1 local time, Trump delivered remarks in which he claimed that he had achieved “a rapid, decisive, overwhelming victory” in the war involving Iran.

Trump said that the U.S.’s core strategic goals for the war involving Iran are “nearly completed.” He said, “Iran’s navy has now been completely destroyed, and its air force and missile programs have also been badly damaged.”

Trump also said that all military objectives in the war involving Iran are expected to be completed “within a very short period of time.” “Within the next two to three weeks, we will carry out extremely fierce attacks on them… and at the same time, negotiations are also under way.” (China News Jingwei APP)

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