The three major U.S. stock indexes opened lower, with Alibaba rising over 7%.

2025-08-29 21:33:15

The three major US stock indices opened lower, with the Dow Jones Industrial Average down 0.13%, the S&P 500 down 0.20%, and the Nasdaq Composite down 0.37%. Alibaba's stock rose over 7%, with company executives stating that over the past four quarters, it has invested over 100 billion yuan in AI infrastructure and product R&D. Dell's stock fell over 7%, with its Q3 profit forecast falling short of expectations.

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