US stock market on Tuesday: Three major stock indices collectively rose, popular Chinese concept stocks generally rose, and Faraday will rise by over 31% in the future

On June 7th, it was reported that on Tuesday US time, the main stock indexes of the US stock market closed slightly higher. Investors are trading cautiously, waiting for May US inflation data and the outcome of next week's Federal Reserve policy meeting

On June 7th, it was reported that on Tuesday US time, the main stock indexes of the US stock market closed slightly higher. Investors are trading cautiously, waiting for May US inflation data and the outcome of next week's Federal Reserve policy meeting.

The Dow Jones Index closed at 33573.28 points, up 10.42 points, or 0.03%; The Standard&Poor's 500 Index closed at 4283.85, up 0.24%; The Nasdaq Index closed at 13276.42, up 0.36%.

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

Most of the leading chip stocks rose, with AMD rising more than 5%, Intel and Qualcomm rising more than 3%; NVIDIA and Broadcom both fell by more than 1%.

Popular stocks of new energy vehicles generally rose, with Tesla rising 1.70%, Rivian rising 1.12%, and Faraday rising 31.61% in the future; NIO rose 2.74%, Xiaopeng rose 2.37%, and Ideal rose 6.28%.

Among the leading e-commerce stocks in China, Alibaba rose 2.73%, JD.com rose 4.02%, and Pinduoduo rose 6.98%.

Among other popular Chinese concept stocks, BOSS Direct Employment rose 7.28%, iQiyi rose 7.71%, Bilibili rose 5.61%, Manbang rose 5.24%, Baidu rose 3.92%, Ctrip rose 3.42%, Zhihu rose 0.96%, and New Oriental rose 0.89%.

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:

The S&P 500 index is on the brink of a bull market. However, the global market sentiment has always been cautious, with some questioning whether some technology stocks have risen too quickly due to artificial intelligence hype.

Michael Reynolds, Vice President of Investment Strategy at wealth management company Glenmede, said, "It's easy to see the technology industry as a representative of the overall stock market. But if we see a broader expansion in the market, it will be a manifestation of confidence in the economic outlook

The World Bank stated in a report on Tuesday that the global economy is in an unstable state due to significant interest rate hikes hitting economic activity and exacerbating the vulnerability of low-income countries. These concerns have weighed on the stock market.

Due to the high inflation rate in the United States, more investors expect the Federal Reserve to maintain interest rates unchanged at its June interest rate meeting, while retaining the possibility of a later rate hike.

(Liu Chun)