On Tuesday Eastern Time, the three major US stock indexes collectively closed lower. As of the close, the Dow Jones Industrial Average fell 0.62%, the Nasdaq fell 0.19%, and the S&P 500 index fell 0.37%. Popular Chinese concept stocks generally fell, with the Nasdaq China Golden Dragon Index falling more than 3%. Xiaopeng Automobile fell more than 9%, NIO fell more than 8%, and Ideal Automobile fell more than 4%.