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U.S. stock market opens, the three major indices open slightly higher, Futu Holdings (FUTU) plummets 34.93%, Up Fintech (TIGR) crashes 30.82%

MeNews
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ME News Report, May 22 (UTC+8), U.S. stock market opened with mixed performance, with the Dow Jones Industrial Average rising 0.58%, the S&P 500 up 0.41%, and the Nasdaq Composite increasing 0.37%. However, Chinese concept stocks performed poorly, with Futu Holdings plunging 34.93%, Up Fintech down 30.82%, and the Nasdaq Golden Dragon China Index falling 2.2%. In specific stocks, NIO's stock price dropped 7%, Baidu fell 3%, KE Holdings declined 4%, and Alibaba entered a downward trend, decreasing 3%. Meanwhile, the U.S. semiconductor and storage sectors showed mixed results. (Source: MLion)
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BluePeonyInTheDark
· 2h ago
The opening data looks okay, but the Chinese concept stocks are bleeding heavily.
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GateUser-34d2b0ab
· 2h ago
NIO -7%, new car-making forces face significant pressure
View OriginalReply0
TheSkyInsideTheMirroredSphere
· 2h ago
Golden Dragon Index -2.2%, the familiar recipe is back again
View OriginalReply0
AirdropCheck-InOfficer
· 3h ago
Did the semiconductor sector not fall along with the market? Is there a story on the storage side?
View OriginalReply0

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