The three major U.S. stock indices closed slightly lower, with Alibaba rising over 8%

ChainCatcher news, according to Jinshi reports, U.S. stocks closed lower on Wednesday, with the Dow Jones Industrial Average initially down 0.37%, the S&P 500 down 0.28%, and the Nasdaq down 0.33%. Intel (INTC.O) rose 6.4%, Tesla (TSLA.O) rose nearly 4%, closing with a market capitalization close to $1.5 trillion. The Nasdaq China Golden Dragon Index closed up 2.8%, with Alibaba (BABA.N) rising 8.2%, and both JD (JD.O) and Baidu (BIDU.O) rising nearly 6%.