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US Stocks Open Lower, Dow Falls 0.19%, Pinduoduo Drops 1.08%
Summary: According to Jinshi News, US stocks opened with the Dow Jones Industrial Average falling 0.19%, the S&P 500 Index dropping 0.15%, and the NASDAQ Composite Index declining 0.14%. Pinduoduo (PDD.O) opened with a 1.08% drop, despite the company's second-quarter revenue exceeding expectations and pre-market stock prices rising over 10%. Popular Chinese concept stocks generally rose, ...
According to Jinshi News, US stocks opened with the Dow Jones Industrial Average falling 0.19%, the S&P 500 Index dropping 0.15%, and the NASDAQ Composite Index declining 0.14%. Pinduoduo (PDD.O) opened with a 1.08% drop, despite the company's second-quarter revenue exceeding expectations and pre-market stock prices rising over 10%. Popular Chinese concept stocks generally rose, with NIO Inc. (NIO.N) up 5.46% and Alibaba Group (BABA.N) up 1.94%.
