U.S. stocks open with the Dow Jones down 300 points, bank stocks generally decline
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ChainCatcher News, according to Golden Ten Data, at the opening of the US stock market, the Dow Jones Industrial Average fell by 300 points, the S&P 500 Index dropped by 0.4%, and the Nasdaq Composite Index declined by 0.39%. Trump called for a 10% cap on credit card interest rates, leading to a decline in bank stocks, with JPMorgan down 2.2% and Citigroup down 2.9%. Meanwhile, the Nasdaq Golden Dragon China Index rose 1.6%, Kingsoft Cloud surged 16%, and Alibaba increased by 4.9%.
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