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The three major U.S. stock indexes closed lower, with Alibaba rising nearly 13%

Aug 30, 2025 04:01:42

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ChainCatcher news, according to Jinshi reports, U.S. stocks closed lower on Friday, with the Dow Jones Industrial Average initially down 0.2%, the S&P 500 index down 0.64%, and the Nasdaq down 1.15%. All three major indices recorded gains this month. Nvidia (NVDA.O) continued its recent decline, falling 3.3%, while Google (GOOG.O) rose 0.5%. The Nasdaq Golden Dragon China Index closed up 1.5%, with Alibaba (BABA.N) soaring nearly 13% and Baidu (BIDU.O) rising 4.7%.

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