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TechFlow, November 18 — According to Jinshi Data, U.S. stocks opened lower with the Dow down 346 points, the S&P 500 down 0.5%, and the Nasdaq down 0.67%. Cloudflare (NET.N) fell 6% as some of its network services experienced outages. Pinduoduo (PDD.O) dropped 5%, with the company citing intensifying competition in the e-commerce industry. Baidu (BIDU.O) declined 4.8% after earnings. The NASDAQ Golden Dragon China Index fell 1.6%.
According to Jinshi Data, U.S. stocks opened lower with the Dow down 346 points, the S&P 500 down 0.5%, and the Nasdaq down 0.67%. Cloudflare (NET.N) fell 6% as some of its network services experienced outages. Pinduoduo (PDD.O) dropped 5% as the company stated that competition in the e-commerce industry has intensified further. Baidu (BIDU.O) declined 4.8% after earnings. The NASDAQ China Golden Dragon Index fell 1.6%.
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