U.S. stock market opens: Three major indices rise over 1%, Philadelphia Bank Index rises 2.3%, Chinese concept index rises over 1%

Wallstreetcn
2025.01.15 14:37

After the release of the U.S. CPI inflation data, the S&P 500 index opened up 62.30 points, an increase of 1.07%, at 5905.21 points;

The Dow Jones Industrial Average opened up 409.48 points, an increase of 0.96%, at 42927.76 points;

The NASDAQ Composite Index opened up 305.92 points, an increase of 1.61%, at 19350.31 points.

NVIDIA rose 1.2%, Tesla rose 3.2%, Palantir rose 3.6%, C3.ai rose 5.4%, while Microsoft, Apple, and TSMC ADR fell by up to 0.9% in poor performance among tech stocks. Nuclear power concept stock Rigetti Computing rose 17.9%.

Wall Street's major banks saw Goldman Sachs rise 4.3%, JPMorgan Chase rise 1.5%, Citigroup rise 3.9%, and Wells Fargo rise 5.5%.

Chinese concept stocks saw NetEase rise about 4%, JD.com rise over 2%, Baidu, Pinduoduo, and Bilibili rise over 1%, while Li Auto fell about 0.9%. ETF YINN rose 3.2%