The three major US stock indices opened slightly lower, with the Nasdaq down 0.14%, the S&P 500 down 0.19%, and the Dow down 0.18%. Southwest Airlines rose over 15%. The company will end its iconic policy of allowing two free checked bags and introduce reforms aimed at boosting revenue and rewarding its most loyal customers. Tesla rose over 1%, as Trump purchased a Tesla electric vehicle to show support for Musk. Kohl's fell more than 13%, with the company's Q4 net sales at $5.175 billion, a year-on-year decline of 9.4%. Popular Chinese concept stocks opened broadly higher, with the Nasdaq Golden Dragon China Index up nearly 2%, Xpeng Motors up over 10%, NIO up over 6%, and Li Auto and Alibaba up over 4%. (This article is from Yicai)
