[U.S. Stock Market Closing Review: All Three Major Indexes Closed Lower] All three major U.S. stock indexes closed lower. The S&P 500 fell 1.43%, the Dow Jones Industrial Average dropped 0.09%, and the Nasdaq Composite declined 2.21%. In large-cap tech stocks, Microsoft rose 1.80%, Alphabet Class A (Google) fell 1.03%, NVIDIA dropped 4.15%, AMD declined 5.76%, Tesla fell 5.79%, Intel dropped 6.14%, ASML fell 7.82%, Qualcomm declined 8.01%, and Micron Technology plunged 13.18%. Among Chinese concept stocks, Li Auto fell 1.48%, NetEase dropped 1.91%, Trip.com declined 1.98%, Pinduoduo fell 1.98%, Alibaba dropped 2.29%, JD.com declined 3.33%, XPeng fell 4.42%, and Bilibili dropped 4.77%.