All three major US stock indexes fell, with XPeng Motors plunging over 10%.
ChainCatcher news, according to Golden Ten Data, U.S. stocks closed lower on Monday, with the Dow Jones Industrial Average preliminarily down 1.2%, the S&P 500 down 0.9%, and the Nasdaq Composite down 0.84%. Google (GOOG.O), which was added to Buffett's portfolio, rose 3%, while Apple (AAPL.O) and Nvidia (NVDA.O) both fell about 2%. A certain exchange dropped 7%. The Nasdaq Golden Dragon China Index fluctuated by 1.2%, Alibaba (BABA.N) rose 2.5%, and XPeng Motors (XPEV.N) plunged 10.3%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Omeros Shares Rise After Cantor Fitzgerald Upgrade
Federal Reserve "third-in-command": Centralized clearing of US Treasuries is ahead of expectations, ample reserves framework is effective
New York Federal Reserve President Williams stated that the industry has already begun proactively expanding infrastructure for cleared repos and cash transactions. Trading activity is shifting from uncleared to cleared markets, and overall progress is ahead of the regulatory deadline. In this speech, he did not comment on the monetary policy stance.
Citigroup: Inflation Surpasses Tariffs as the Top Concern for Family Offices, Wealthy Individuals Flocking to Gold and U.S. Stocks
A survey by Citigroup shows that among 350 family offices across more than 40 countries, inflation has replaced trade wars and tariffs as their biggest concern, followed by interest rates and the stability of the global financial system. More than 90% of family offices surveyed reported positive returns this year, and nearly half said they increased their holdings of publicly listed stocks in the first half of the year. Meanwhile, Citigroup’s head of wealth management noted that gold now features in almost every client conversation he has.
Crypto prices
More
