US stock market Monday: The three major stock indices fluctuated, with Meiguang down nearly 3% and Zhihu up over 10%

On May 23rd, it was reported that on Monday, US stock markets closed with mixed gains and losses in major stock indices, with the Nasdaq rising. Investors are waiting for the US debt ceiling talks to begin after Monday's close

On May 23rd, it was reported that on Monday, US stock markets closed with mixed gains and losses in major stock indices, with the Nasdaq rising. Investors are waiting for the US debt ceiling talks to begin after Monday's close.

The Dow Jones Index closed at 33286.58 points, down 140.05 points, or 0.42%; The Standard&Poor's 500 Index closed at 4192.63, up 0.02%; The Nasdaq Index closed at 12720.78, up 0.50%.

Large technology stocks fluctuated, with Google, Microsoft, and Meta rising, with Google gaining more than 2% and Meta gaining more than 1%. According to reports, Google has launched artificial intelligence applications for health projects for startups.

Most leading chip stocks fell, with Meguiar falling more than 2%; Intel, Asma, Texas Instruments, and AMD rose, with AMD up over 2% and Intel up over 1%.

Popular stocks of new energy vehicles generally rose, with Tesla rising 4.85%, Rivian rising 5.64%, and Faraday rising 0.72% in the future; NIO rose 8.92%, Xiaopeng rose 4.32%, and Ideal rose 1.20%. According to Tesla's official website in the United States, Tesla offers a discount of over $1300 on some Model 3 models in stock in the United States.

Among the leading e-commerce stocks in China, Alibaba rose 2.52%, JD.com rose 2.65%, and Pinduoduo rose 4.15%.

Among other popular Chinese concept stocks, Zhihu rose 10.72%, Bilibili rose 3.30%, Ctrip rose 1.98%, Baidu rose 1.34%, New Oriental rose 1.06%, BOSS Direct Employment rose 0.40%, Manbang fell 1.88%, and iQiyi fell 0.81%.

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:

At 5:30 pm Eastern Time on Monday, US President Biden and US House Speaker McCarthy will meet at the White House to discuss the debt ceiling issue. The US Treasury Department has warned that failure to raise the debt ceiling may result in the US government defaulting as early as June 1st or so-called 'x day'.

Jack McIntyre, portfolio manager at investment management company BrandywineGlobal, said: "Given the approaching X-day (the moment when the US government runs out of funds and faces the risk of debt default), the debt ceiling is the top consideration in the market... They may reach a compromise in the last second or minute because no one wants to be seen as giving in

McIntyre said: "There will be some fluctuations before the market comes to a conclusion. At present, US treasury bond bonds look more attractive than stocks."

Meanwhile, James Bullard, a representative of hawkish Federal Reserve officials and Chairman of the St. Louis Fed, stated on Monday that he expects to raise interest rates twice this year, each by 25 basis points.

(Liu Chun)