2025.6.3 US Stock Market Overview

1. VIXY closed down 2.1%, at 50.91.

2. The three major US stock indices all rose. The S&P 500 index closed up 0.58%. The Dow Jones Industrial Average closed up 0.51%. The Nasdaq rose 0.81%.

3. Nvidia rose 2.93%, Apple rose 0.78%, Tesla rose 0.46%, Microsoft rose 0.22%, while Amazon closed down 0.45%, Meta Platforms fell 0.60%, and Google A dropped 1.69%.

4. The Nasdaq Golden Dragon China Index closed up 0.56%. Popular Chinese concept stocks such as Li Auto rose 6.3%, NetEase, Xiaomi, and Pinduoduo rose up to 2.5%, XPeng rose 1.8%, while WeRide and Bilibili fell over 2%, and Pony.ai dropped 21.8%.

5. The Federal Reserve lifted the asset cap restrictions on Wells Fargo, which saw the bank surge 10% in after-hours trading.