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US stock market Wednesday: All three major stock indices fell, with Nvidia falling more than 5%

On June 1st, it was reported that on Wednesday US time, the main stock indexes of the US stock market closed down, with investors waiting for a vote on the debt ceiling agreement by the US Congress and paying attention to Fed officials' speeches on monetary policy.The Dow Jones Index closed at 32908

On June 1st, it was reported that on Wednesday US time, the main stock indexes of the US stock market closed down, with investors waiting for a vote on the debt ceiling agreement by the US Congress and paying attention to Fed officials' speeches on monetary policy.

The Dow Jones Index closed at 32908.27, down 134.51 points, or 0.41%; The Standard&Poor's 500 Index closed at 4179.83, down 0.61%; The Nasdaq Index closed at 12935.28, down 0.63%.

Most large technology stocks fell, with Apple, Google, Amazon, and Microsoft falling, while Google fell by more than 1%; Meta and Netflix both rose, with gains of less than 1%.

Most leading chip stocks fell, with Nvidia and AMD falling more than 5%; Intel and Broadcom rose, with Intel gaining nearly 5%. NVIDIA CEO Huang Renxun stated that he is open to collaborating with Intel to build artificial intelligence chips in the future.

Popular stocks of new energy vehicles saw mixed gains and losses, with Tesla rising 1.38%, Rivian falling 0.94%, and Faraday falling 1.24% in the future; NIO rose 1.62%, Xiaopeng rose 0.13%, and Ideal fell 0.34%.

Among the leading e-commerce stocks in China, Alibaba rose 1.12%, JD.com rose 1.56%, and Pinduoduo fell 3.42%.

Among other popular Chinese concept stocks, Bilibili fell 5.49%, iQiyi fell 4.02%, Zhihu fell 1.96%, Baidu fell 0.62%, BOSS Direct Employment rose 2.66%, Ctrip rose 0.64%, New Oriental rose 0.43%, and Man Bang rose 0.17%.

Specifically, the main technology stocks in the US stock market performed as follows:

The main chip stocks in the US stock market perform as follows:

The performance of popular Chinese concept stocks listed in the United States is as follows:

Investors are waiting for the US House of Representatives to vote on the US debt ceiling agreement, which was reached by US President Biden and House Speaker McCarthy last weekend. The vote will be held on Wednesday evening local time.

At the same time, the Federal Reserve's regular economic survey, known as the "BeigeBook," showed a slight decrease in US employment in May and a slowdown in inflation growth. However, the US economy is expanding again, suggesting that economic growth is unlikely to slow down enough to alleviate high commodity price pressures.

For the Federal Reserve, which is determined to eliminate price pressures, sustained high inflation remains a major issue. Economists say the Federal Reserve may have to raise interest rates again this year to fully control inflation.

Driven by the rise of artificial intelligence related stocks, in May, the Nasdaq index, mainly composed of technology stocks, rose 5.8%, the S&P 500 index rose 0.3%, and the Dow Jones index fell 3.5%. (Liu Chun)

Tag: stock US market Wednesday All three major indices fell


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