The US stock market closed slightly lower, with the Dow Jones down 0.06%, the Nasdaq down 0.55%, and the S&P down 0.17%; Most large technology stocks fell, with AMD falling more than 4%, Arm falling nearly 3%, and Google falling nearly 2%; Most popular Chinese concept stocks fell, with Baidu falling more than 8% and Xiaopeng Motors, NIO, and Bilibili falling more than 6%.