The US stock market closed lower, with the Dow Jones down 0.16%, the Nasdaq down 0.13%, and the S&P down 0.38%; Large tech stocks fluctuated, with Arm up over 9%, Micron Technology up over 4%, Tesla up nearly 4%, and Google down over 4%; Most popular Chinese concept stocks rose, with Ideal Automobile rising over 18%, Xiaopeng Automobile rising over 6%, and NIO rising over 4%.