US stocks fell more than 5% after opening lower than Alibaba's performance.
2025-05-15 13:30:39
On May 15, the U.S. stock market opened, the Dow fell 0.5%, the S & P 500 fell 0.3%, and the Nasdaq fell 0.6%. Alibaba (BABA. N) fell 5.8%, and Q4 revenue rose 7% year-on-year less than expected. NetEase (NTES. O) rose 8.5%, and first-quarter net income rose 7.4% year-on-year. Apple (AAPL. O) fell 0.5%. Trump said he did not want Apple to build factories in India. Walmart (WMT. N) fell 2.7% after the performance, and the CFO said price increases could start this month.
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