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U.S. stock market opens, the three major indices open slightly higher
Deep Tide TechFlow News, May 22nd, U.S. stocks opened higher, with the Dow up 0.58%, the S&P 500 up 0.41%, and the Nasdaq up 0.37%. The Nasdaq China Golden Dragon Index fell 2.2%, with popular Chinese concept stocks broadly declining, NIO (NIO.N) down 7%, Baidu (BIDU.O) down 3%, KE Holdings (BEKE.N) down 4%, Alibaba (BABA.N) down 3%.
U.S. semiconductor and storage sectors experienced mixed gains and losses, including:
NVIDIA (NVDA) down 0.10%;
Intel (INTC) up 2.04%;
Advanced Micro Devices (AMD) up 6.98%;
Broadcom (AVGO) up 1.05%;
Qualcomm (QCOM) up 1.43%;
Seagate Technology (STX) up 0.16%;
Western Digital (WDC) down 0.31%;
SanDisk (SNDK) down 1.87%.
Additionally, crypto concept stocks experienced mixed gains and losses, including:
Strategy (MSTR) down 0.55%;
Coinbase (COIN) up 0.26%;
Circle (CRCL) up 1.67%;
SharpLink Gaming (SBET) down 0.46%.