US PCE data was in line with expectations, and the three major stock indexes opened lower

According to Odaily Planet Daily, at the opening of the US stock market, the Dow Jones Industrial Average fell 0.15%, the S&P 500 fell 0.18%, and the Nasdaq fell 0.36%. Alibaba (BABA.N) surged 7.65% after releasing its latest financial report, showing a 2% year-on-year increase in Q1 revenue and a 12% year-on-year increase in its instant retail business revenue in the first half of the year. Nvidia (NVDA.O) continued its decline from yesterday, opening down 1.36%. (Jinshi)