The performance of US stocks is divergent, with Nasdaq rising 0.27%, S&P 500 rising 0.19%, and Dow Jones falling 0.08%.
According to the Zhitong Finance APP, on Monday, the three major indices fluctuated, and as of press time, the performance of the US stock market was divergent, with Nasdaq up 0.27%, S&P 500 up 0.19%, and Dow Jones down 0.08%. ARM Holdings (ARM.US), a constituent stock of the Nasdaq, fell more than 4.5%, closing at $142.28. Frank Lee, an analyst at HSBC bank, downgraded ARM Holdings to a "sell" rating and raised the target price from $57 to $105.