U.S. stock market early trading: Chinese concept stocks generally rise, Alibaba up about 8%, Freeport down about 8%

Wallstreetcn
2025.09.24 13:32

The Dow Jones Industrial Average rose by 0.15%, the S&P 500 Index increased by 0.2%, and the Nasdaq rose by 0.3%. Chinese concept stocks generally rose, with Alibaba up about 8%. Alibaba announced a collaboration with NVIDIA on Physical AI; currently, Alibaba is actively promoting the construction of a 380 billion AI infrastructure and plans to invest even more. Baidu Group rose about 4%, and Bilibili increased by about 3%. Freeport fell about 8%, as the company announced that the supply from the Grasberg mine was affected by force majeure. Oracle dropped about 1%, as the company plans to raise approximately $15 billion through the issuance of corporate bonds

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