2025.4.23 US Stock Market Overview

1. VIXY closed down 3.55%, at 67.11.

2. The three major US stock indices opened strongly but saw a noticeable narrowing in gains. The S&P 500 index rose 1.67%; the Nasdaq Composite index rose 2.5%; the Dow Jones Industrial Average rose 1.07%.

3. Tech giants collectively rose, with Apple up 2.43%, Microsoft up 2.06%, Amazon up 4.28%, Nvidia up 3.86%, Google-A up 2.56%, Tesla up 5.37%, Meta up 4%, and Advanced Micro Devices up 4.79%.

4. Chinese concept stocks performed well, with the Nasdaq Golden Dragon China Index closing up 2.93%. Alibaba rose 2.67%, JD.com fell 0.33%, Baidu rose 2.88%, Pinduoduo rose 2.13%, Bilibili rose 3.23%, NIO rose 4.8%, NetEase rose 1.61%, Xpeng Motors rose 7.34%, EHang rose 4.51%, Kingsoft Cloud rose 7.18%, and Tuya Smart rose 9.55%.

5. IBM's Q1 revenue was $14.54 billion, with an adjusted net profit of $1.60 per share, both better than expected. It fell over 6% in after-hours trading.