US Stock Indices Close Lower as Tesla Rallies Over 5%
On September 1, major US stock indices finished the trading session in negative territory. The Dow Jones Industrial Average fell by 0.7%, the S&P 500 declined by 0.33%, and the Nasdaq Composite dropped by 0.12%. Market performance was mixed among individual stocks: Tesla rose by 5.5%, Nvidia gained over 1%, SK Hynix increased by 2%, and SanDisk surged by 5.5%. Conversely, Chinese stocks faced downward pressure, with the Nasdaq Golden Dragon China Index falling 2.18% and Alibaba shares declining by 4%.