On Monday, March 25, the three major U.S. stock indexes collectively opened lower and maintained their decline in early trading.

The S&P fell more than 0.3% in early trading, the Nasdaq fell nearly 0.7%, and then narrowed the decline to less than 0.2%. The Dow Jones Industrial Average fell more than 140 points or nearly 0.4% in early trading, but still fell more than 100 points.

Seven major technology stocks, including Microsoft, Apple, Nvidia, Google parent company Alphabet, Amazon, Facebook parent company Meta, and Tesla, all fell in early trading. Tesla, which was downgraded by Mizuho from buy to neutral, rose nearly 2.6% in early trading and then turned down several times in early trading. It may still close lower and fall for three consecutive trading days.

Among the six major technology stocks of FAANMG, Alphabet fell nearly 2%, Meta fell more than 1.8%, and Apple fell more than 1.6%, after the EU launched its first antitrust investigation into Apple, Google and Meta under the new digital law. More than 1%, Microsoft had fallen nearly 1.7% in early trading, Netflix fell nearly 0.8%, and Amazon fell more than 0.9%. The latter two turned higher in early trading, and Microsoft fell about 1% in early trading.

Chip stocks overall turned higher mid-day. The Philadelphia Semiconductor Index Semiconductor Industry ETF SOXX fell nearly 1.5% and 1.7% respectively in early trading. They all turned slightly higher in early trading and are expected to rise for four consecutive trading days and set a new closing high since March 12 for three days. . Among individual stocks, after the media said that China restricted the use of U.S.-made chips in some computers, AMD fell nearly 4.3% in early trading, and Intel fell about 4.7%. AMD turned higher in early trading, rising by more than 1%, and Intel's decline narrowed to less than 2%. ; After Bank of America reiterated its buy rating and listed it as one of the best stock picks for the second quarter, Nvidia fell more than 0.8% in early trading and quickly turned higher. It rose more than 2.6% in early trading and is expected to be on track for the second consecutive day. A record closing high.

Among AI concept stocks, Super Micro Computer (SMCI) rose as much as 10.2% in early trading. Super Micro Computer was recently initially covered by JPMorgan Chase with an overweight rating, believing it to be at the forefront of the artificial intelligence (AI) revolution, and giving it a target price of $1,150, more than 18% higher than last Friday's closing price. Adobe (ADBE) rose nearly 2% in early trading after Morgan Stanley reiterated its overweight rating and was optimistic about the prospects of production-based AI capabilities.

Most popular Chinese concept stocks turned lower in early trading. The Nasdaq Golden Dragon China Index (HXC), which rose nearly 1% at the beginning of the session, turned slightly lower in early trading. China concept ETFs KWEB and CQQQ fell about 0.5% and more than 1% respectively in early trading. Among individual stocks, Pinduoduo fell by about 3% in early trading, NetEase fell by more than 2% in early trading, Alibaba fell by less than 1% in early trading, while JD.com rose by more than 1% in early trading, and Baidu rose by more than 2% in early trading. It rose slightly in early trading. The three new car-making forces generally rose. Xpeng Motors rose by more than 3% at the beginning of the market and more than 1% in early trading. NIO rose by more than 4% at the beginning of the market and nearly 2% in early trading. Li Auto rose by more than 2% at the beginning of the market. gave back most of its gains.

Among the more volatile stocks, electric vehicle manufacturer Lucid (LCID) rose nearly 21% in early trading after announcing that it had received a US$1 billion investment from its major shareholder, Ayar Third Investment Company, an affiliate of Saudi sovereign wealth fund PIF. The increase was less than 7% at the end of early trading; after announcing that it had terminated negotiations to cooperate with a large automaker and would seek strategic options including in-court or out-of-court restructuring and capital market transactions, another electric vehicle company Fisker ( FSR) fell nearly 30% in early trading; after announcing a management reshuffle after the 737 Max safety crisis, the chairman resigned in May, and the CEO resigned at the end of the year, Boeing (BA) rose nearly 3.9% in early trading and rose more than 1% in early trading. .

The following is the content released at 21:54 Beijing time.

The Dow Jones Industrial Average fell nearly 0.2% at the opening, the S&P 500 Index fell nearly 0.3%, and the Nasdaq Composite Index fell nearly 0.6%.

At the beginning of the U.S. stock market, major industry ETFs had mixed gains and losses. The energy industry ETF rose by more than 1%, the regional banking industry ETF rose by nearly 1%, and the technology industry ETF fell by nearly 1%.

New energy vehicle stocks generally rose. NIO rose more than 3%, Xpeng Motors rose nearly 3%, Tesla rose nearly 2%, and Li Auto rose nearly 1%.

Lucid Group rose more than 13% after the company announced a $1 billion investment from PIF affiliates.

Most U.S. chip stocks fell at the beginning of the session, with Intel's decline narrowing to 3.7%. AMD, Kelei, NXP, ON Semiconductor, Qualcomm, Teradyne, Analog Devices, etc. fell at most 1.9%, while Nvidia rose 0.4% and Nvidia rose 0.4%. The long ETF rose 0.5%, ASML ADR rose 0.5%, NanoVis Semiconductor rose 0.5%, Super Micro Computer SMCI rose 4.3%, Arm Holdings rose 4.2%, and Micron Technology rose 5.0%.

Popular Chinese concept stocks had mixed gains and losses, with Baidu rising about 1%.

Boeing opened about 4% higher after President and CEO Dave Calhoun announced his decision to step down as CEO at the end of 2024.

U.S. electric car maker Fisker suspended trading during the session to release the news, and fell 28% before the suspension.

Spot gold rose by about $9 in the short term, hitting a daily high of $2,181.34 per ounce.