2025.5.23 US Stock Market Overview

1. VIXY rose by 6.56%, closing at 57.47.

2. Trump issued another tariff threat, causing the three major US stock indices to decline. The S&P 500 index fell by 0.67%, down 2.61% for the week. The Dow Jones Industrial Average fell by 0.61%, down 2.47% for the week. The Nasdaq fell by 1.00%, down 2.47% for the week.

3. Apple fell by 3.02%, while Meta Platforms, Google A, NVIDIA, Amazon, and Microsoft fell by up to 1.49%, and Tesla fell by 0.5%. For the week, Apple was down 7.57%, Tesla and NVIDIA fell by 3.04%, Amazon fell by 2.24%, Meta fell by 2.07%, Microsoft fell by 0.9%, and Google A rose by 1.37%.

4. The Nasdaq Golden Dragon China Index rose by 0.05%, down 2.64% for the week.

Popular Chinese concept stocks: Bilibili initially rose by 2.9%, Li Auto, Tencent, NetEase, and Yum China rose by up to 0.7%, Pinduoduo, Alibaba, and New Oriental fell by up to 0.9%, Xiaomi and NIO fell more than 1.4%, and Pony.ai fell by 17.1%.

5. Bitcoin once plunged over $4000 from Thursday's record high.