The three major US stock indices closed higher, while most popular Chinese stocks fell.
All three major US stock indices closed higher on Friday, with the Dow Jones Industrial Average up 0.65%, the Nasdaq up 0.44%, and the S&P 500 up 0.59%. Most popular technology stocks rose, with Tesla and Intel surging over 4%, while Oracle fell nearly 3%. Metals and mining stocks led the gains, with Century Aluminum up over 7%, Golden Resources up over 6%, and Pan American Silver up over 4%. The Nasdaq China Golden Dragon Index closed down 1.56%, with most popular Chinese concept stocks falling, including Kingsoft Cloud down over 10%, NIO and Li Auto down over 5%, and Baidu down 3%.