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20:41
Nasdaq Golden Dragon China Index closed down 1.20% at 6,868.78 points
In popular Chinese concept stocks, Atour closed down 5.4% initially, 21Vianet dropped 4.2%, Zai Lab, Huazhu, and Daqo New Energy all fell at least 3.5%, GDS Holdings, Bilibili, and Alibaba declined more than 2%, NIO rose 0.6%, NetEase gained 0.7%, New Oriental climbed 1.3%, and WeRide increased 2.4%. KWEB fell 1.6%, while CQQQ rose 0.5%.
20:40
The S&P 500 Index closed up 8.83 points, or 0.12%, at 6,173.91, setting a new record high at the close.
The Dow Jones Industrial Average closed down 62.92 points, a decrease of 0.13%, at 49,167.79 points. The Nasdaq Composite Index closed up 50.502 points, an increase of 0.20%, at 24,887.10 points, hitting a record closing high for the second consecutive trading day. The Nasdaq 100 Index closed up 2.012 points, a rise of 0.01%, at 27,305.679 points, also marking a second straight record closing high. Expand
20:31
U.S. Congressional Budget Office: The impact of the Iran war on energy prices is offsetting the economic boost from the 2025 tax cut policy.
"It appears that the higher energy prices affecting households have roughly offset the benefits of the tax cuts," he said. "Of course, this also has implications for business investment, inflation, and so on, all of which are intertwined. We have not yet conducted another budget update, so we have not completed the economic forecasts required to support this conclusion." (Bloomberg)
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