TechFlow, May 15 — At the opening of the U.S. stock market, the Dow fell 0.5%, the S&P 500 dropped 0.3%, and the Nasdaq declined 0.6%, according to Jinshi Data. Alibaba (BABA.N) dropped 5.8% as its Q4 revenue increased 7% year-on-year, missing expectations. NetEase (NTES.O) surged 8.5% as its net revenue rose 7.4% year-on-year in the first quarter. Apple (AAPL.O) fell 0.5% after Trump stated he does not want Apple to build a factory in India. Walmart (WMT.N) dropped 2.7% post-earnings as the CFO indicated price increases could begin this month.
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