Post-Bell｜US Stocks End Down; NIO Up 5%; Micron Up 3%; AGQ Down 17%; SLV Down 7%; GLD Down 4%; Tesla Down 3%

01 Stock Market

The U.S. major indexes closed as follows: the Dow Jones Industrial Average fell 0.51% to 48,461.93; the S&P 500 declined 0.35% to 6,905.74; and the Nasdaq Composite decreased 0.50% to 23,474.35. The session saw modest broad-based weakness into the close, with technology and select mega-caps mixed while precious metals-related ETFs slumped notably.

Unusual-move stocks were mixed, with semiconductors diverging and precious metals ETFs under pressure. Nvidia (NVDA) down 1.21% at $188.22; Tesla (TSLA) down 3.27% at $459.64; Apple (AAPL) up 0.13% at $273.76; Meta (META) down 0.69% at $658.69. Micron (MU) up 3.41% at $294.37; Intel (INTC) up 1.33% at $36.68; AMD (AMD) up 0.29% at $215.61; Microsoft (MSFT) down 0.13% at $487.10; Amazon (AMZN) down 0.19% at $232.07; Alphabet (GOOG) down 0.18% at $314.39; Broadcom (AVGO) down 0.78% at $349.39. Precious metals ETFs sold off: SPDR Gold Shares (GLD) down 4.35% at $398.60; iShares Silver Trust (SLV) down 7.19% at $66.01; ProShares Ultra Silver (AGQ) down 16.68% at $166.43. Crypto-exposed and chip-adjacent names eased: Coinbase (COIN) down 1.32% at $233.77; TSMC (TSM) down 0.63% at $300.92; Palantir (PLTR) down 2.40% at $184.18.

Moves among U.S.-listed Chinese ADRs were mixed: NIO (NIO) up 4.71% at $5.34; Baidu (BIDU) up 1.61% at $126.81; NetEase (NTES) up 0.92% at $139.34; Tencent Music (TME) up 0.28% at $17.67; Trip.com (TCOM) up 0.15% at $72.61. E-commerce and EV names were softer: Alibaba (BABA) down 2.46% at $148.49; JD.com (JD) down 0.44% at $29.27; PDD Holdings (PDD) down 0.75% at $114.15; Xpeng (XPEV) down 1.35% at $20.50; Li Auto (LI) down 1.61% at $17.16. Data center operator VNET (VNET) down 0.58% at $8.64 and off-price retailer Vipshop (VIPS) down 0.51% at $19.36 also eased into the close.

02 Other Markets

U.S. 10-year Treasury yield fell by 0.53%, latest at 4.11%.

USD/CNH was unchanged 0.00%, at 7.01; USD/HKD rose 0.0039%, at 7.77.

U.S. Dollar Index fell 0.0143%, at 98.03.

WTI crude futures fell 0.43%, at 57.83 USD/bbl; COMEX gold futures rose 0.15%, at 4,350.20 USD/oz.

03 Top News

Apple resumed online sales of its latest Apple Watch models after a legal stay paused an import ban, restoring availability in the U.S. market. The pause relates to an International Trade Commission dispute over pulse oximetry technology against Masimo. The move allows Apple to fulfill orders while the appeals process continues, reducing near‑term disruption to wearables sales.

Tesla rolled out an additional over‑the‑air software update to adjust driver‑assistance behaviors flagged by U.S. regulators, aiming to bolster safety compliance. The update fine‑tunes alerts and driver engagement thresholds across certain Autopilot features. Tesla said the improvement is designed to enhance real‑world performance without requiring service center visits.

Nvidia expanded partnerships with major cloud providers to deploy its latest AI accelerators in managed services, broadening enterprise access to AI compute. The collaborations add new instances and turnkey stacks for training and inference on Nvidia hardware. The broader availability is expected to accelerate AI workloads and support software ecosystem growth.

Micron announced new investments to expand high‑bandwidth memory capacity and signaled strong AI‑related demand, supporting its forward growth outlook. The company highlighted ramp plans for next‑generation HBM and advanced DRAM nodes. Management indicated the expansion targets data center customers scaling large language models and AI infrastructure.

Meta introduced additional AI tools and brand safety controls for advertisers across Facebook and Instagram, aiming to improve campaign performance and compliance. The rollout adds creative generation aids and more granular placement controls. Meta expects the enhancements to help small and large advertisers optimize ROAS while meeting regulatory expectations.

Amazon said it is expanding same‑day and next‑day delivery capabilities to additional metro areas by upgrading logistics and sortation nodes. The initiative leverages regionalized inventory placement and robotics to shorten delivery windows. Amazon aims to improve Prime customer retention and increase conversion on fast‑moving consumer goods.

Google rolled out new privacy and administrative controls for AI features in Workspace to support enterprise governance and data protections. Updates include domain‑level safeguards, auditability enhancements, and flexible model access settings. The changes are intended to ease adoption in regulated industries and large organizations.

The U.S. Treasury completed a coupon auction that cleared with stronger bid metrics than prior comparable sales, easing near‑term supply concerns. Primary dealers took a smaller share amid robust end‑user interest. The outcome supported longer‑dated notes and reduced term premium pressures, according to auction statistics.

UnitedHealth Group reported additional progress restoring certain platforms affected by a prior cyber incident at a subsidiary, helping normalize claims processing. The insurer emphasized continued coordination with providers and regulators as remediation advances. Incremental restorations reduce backlogs and improve cash‑flow visibility for healthcare partners.

Coinbase announced new features on its international derivatives venue, including additional perpetual contracts and improved margin tools for institutions. The exchange said enhancements are designed to deepen liquidity and attract professional traders. Coinbase expects broader product coverage to diversify revenue beyond spot trading.

Sources: Reuters, Dow Jones, Tiger Newspress, public market data
Disclaimer: This content is for reference only and does not constitute investment advice.