2025.6.10 US Stock Market Overview
1. VIXY fell 0.35%, closing at 48.94.
2. All three major US stock indexes rose. The S&P 500 index rose 0.55%, marking the third consecutive trading day of gains. The Dow Jones Industrial Average rose 0.25%. The Nasdaq rose 0.63%.
3. Tesla rose 5.67%—which means it is about to recover all the losses since Elon Musk's fallout with President Trump on June 5.
Google A rose 1.44%, Meta Platforms rose 1.20%, Nvidia, Apple, and Amazon rose up to 0.93%, while Microsoft fell 0.39%.
4. The Nasdaq Golden Dragon China Index rose 0.30%. Popular Chinese concept stocks such as NIO rose 5.4%, New Oriental rose 2.5%, Yum China and Xpeng rose over 1%, Pinduoduo, NetEase, and Alibaba rose up to 0.8%, Xiaomi fell 0.9%, and Baidu fell 1.2%.
Tencent fell 0.6%, and Tencent Music plans to acquire Himalaya for $1.26 billion, rising as much as 10% in pre-market trading.
5. Warner Bros. Discovery (WBD) rose 5.2%, after the company announced plans to split into two publicly traded companies, one focused on streaming and film, and the other focused on television network investments.
6. Bitcoin rose over 8%, surging past the $2800 mark.