2025.6.9 US Stock Market Overview
1. VIXY closed down 1.35%, at 49.11.
2. The three major US stock indexes fluctuated narrowly. The S&P 500 index rose 0.09%, continuously approaching the closing position of 6144.15 points on February 19. The Dow Jones Industrial Average closed flat. The Nasdaq rose 0.31%.
3. Tesla rose 4.55%, Amazon rose 1.6%, Google A rose 1.51%, Nvidia rose 0.64%, Microsoft rose 0.5%, while Meta Platforms fell 0.52%. Apple fell over 1% after not showcasing any significant advancements in artificial intelligence at its developer conference.
4. The Nasdaq Golden Dragon China Index rose 2.07%. Popular Chinese concept stocks like Bilibili rose 3.8%, WeRide, Baidu, and Xiaopeng rose over 3%, Yum China, NetEase, JD.com, and Li Auto rose over 2%, while Alibaba, New Oriental, Xiaomi, and Pinduoduo rose over 1%.
5. Circle, dubbed the 'first stablecoin stock,' surged nearly 29% before retreating, closing up 7.06%.
6. Starbucks rose 1.15%, as the company announced a price reduction on several tea beverages in its Chinese stores, with the average price of large cups decreasing by 5 yuan.
7. Bitcoin rose over 4%, once again hitting the 110,000 mark, while Ethereum broke through 2700.