On October 7th, most of the popular Chinese concept stocks rose, with the NASDAQ China Golden Dragon Index ( HXC ) closing up 0.31%.
Upward-moving stocks (in descending order of market value): Pinduoduo rose 0.64%, JD.com rose 0.53%, Baidu rose 0.07%, Beike rose 1.58%, Futu Holdings rose 3.20%, Huazhu Hotel Group rose 0.67%, Tencent Music rose 0.76%, Li Auto rose 0.37%, Huirong Technology rose 0.89%, Xpeng Motors rose 1.70%, New Oriental rose 1.42%, Manbang rose 0.36%, NIO rose 1.75, BOSS Zhipin rose 0.07%, WanGuo Data rose 5.94%, Bilibili rose 1.02%, VIP.com rose 0.31, WSP Holdings rose 2.01%, Yadu Group rose 0.25%, Huanyu rose 0.19%, Kingsoft Cloud rose 0.86%, Nanmao Technology rose 1.27, Mingchuang Youpin rose 0.22, Pony.ai rose 0.33, Qijing Optoelectronics rose 0.95, HSAI rose 2.26%, Autohome rose 0.53%.
Declining stocks (in descending order of market value): TSMC fell 0.72%, Alibaba fell 1.39%, UMC Semiconductor fell 1.58%, NetEase fell 0.26%, United Microelectronics Corporation fell 3.05%, China Telecom fell 0.15%, Ctrip fell 1.37%, Zhongtong fell 0.10%, China New Town Rural fell 0.88%, and Weiniu fell 1.09%.
The S&P 500 index reached a new intraday historical high on Tuesday, driven by gains in key tech stocks and a decline in U.S. Treasury yields.
The broad market index rose by 0.58%, closing at a record high of 7,818.93 points; the Dow Jones Industrial Average increased by 253.38 points, or 0.49%, closing at 51,521.28 points. The Nasdaq Composite Index also reached a record high of 27,599.79 points, with technology stocks playing a major role in this increase.
