U.S. stocks opened, with the Dow down 300 points and bank stocks generally declining
According to Jinshi reports, at the opening of the U.S. stock market, the Dow Jones Industrial Average fell by 300 points, the S&P 500 index dropped by 0.4%, and the Nasdaq Composite Index decreased by 0.39%. Trump called for setting a cap on credit card interest rates at 10%, leading to a decline in bank stocks, with JPMorgan down 2.2% and Citigroup down 2.9%. Meanwhile, the Nasdaq Golden Dragon China Index rose by 1.6%, Kingsoft Cloud increased by 16%, and Alibaba went up by 4.9%.
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