The US stock market closed lower, with the Dow Jones down 0.37%, the Nasdaq down 0.82%, and the S&P down 0.48%; Most large technology stocks fell, with AMD plummeting nearly 20%, falling below the $1000 and $900 levels consecutively; Applied materials rose by over 6%, and stock prices hit a new historical high; Popular Chinese concept stocks fluctuated, with Xiaopeng Automobile and Ideal Automobile rising more than 3%.