2025.5.9 US Stock Market Overview

1. VIXY closed down 0.73%, at 58.72.

2. The three major US stock indices opened high but closed low: the S&P 500 index closed down 0.07%, with a cumulative drop of 0.47% this week. The Dow Jones Industrial Average closed down 0.29%, with a cumulative drop of 0.16% this week. The Nasdaq closed flat, with a cumulative drop of 0.27% this week.

3. Tesla closed up 4.72%, Apple rose 0.53%, Amazon rose 0.51%, Microsoft rose 0.13%, while NVIDIA closed down 0.61%, Meta fell 0.92%, and Google A fell 0.99%.

This week, Google A had a cumulative drop of 6.88%, Apple fell 3.32%, Meta fell 0.76%, Microsoft rose 0.79% for three consecutive weeks, Amazon rose 1.62%, NVIDIA rose 1.88% for three consecutive weeks, and Tesla rose 3.85%.

4. The Nasdaq Golden Dragon China Index closed down 0.5%, with a cumulative drop of about 1.4% this week.

Popular Chinese concept stocks: Xiaoma Zhixing rose about 4.8%, New Oriental rose 2%, Xiaomi rose 1%, Alibaba, JD, Baidu, Tencent ADR, Bilibili, Li Auto, and NetEase fell by 0.3%-2.9%.

5. Cryptocurrencies rose again, with Bitcoin's market value rising to fifth in the world, and Ethereum's 24-hour increase once reached 29%.