On Wednesday, Eastern Time, the three major U.S. stock indices closed with mixed results, with the Dow Jones Industrial Average (DJIA) down 0.7%, the Nasdaq Composite up 0.04%, and the S&P 500 index down 0.19%. Large technology stocks fluctuated, with Nvidia rising over 2%, and its market value once again surpassing $3 trillion.

Micron Technology's stock price surged nearly 14% after hours, following the release of its first fiscal quarter revenue outlook, which exceeded expectations.

Additionally, the China concept index fell by 2.8%, with Bilibili's stock price dropping nearly 7% at one point.

The offshore renminbi fell nearly 280 points, breaking through the 7.03 yuan level.

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The U.S. dollar and U.S. Treasury yields rose in tandem, while oil prices fell by over 2%, and spot gold touched a new high of $2670 before turning bearish.

The three major indices closed with mixed results. On Wednesday, Eastern Time, the three major U.S. stock indices closed with mixed results, with the DJIA down 0.7%, the Nasdaq Composite up 0.04%, and the S&P 500 index down 0.19%.

The "Tech Seven Sisters" fluctuated. Nvidia closed up 2.18%, having risen nearly 3.4% at one point during trading. Tesla closed up 1.08%. "Metaverse" Meta closed up 0.88%, at its Meta Developer Conference, it unveiled a cheaper Quest 3S headset and the first prototype of the Orion AR smart glasses, along with a multimodal large language model. Microsoft closed up 0.69%, while Google A closed down 0.49%, with Google accusing Microsoft of restricting customers from using cloud infrastructure products beyond Azure, alleging anti-competitive behavior. Apple closed down 0.44%, and Amazon closed down 0.74%.Utilities, semiconductors, and computer hardware sectors led the gains, with Intel rising over 3%, Advanced Micro Devices (AMD), Dell Technologies, and Arm increasing over 2%. The oil and gas, and agricultural product sectors experienced the largest declines, with Tyson Foods dropping over 4%, BP falling over 3%, and Shell, Total, Chevron, and Bunge all declining over 2%.

Chinese概念股普遍下跌，纳斯达克中国金龙指数下跌2.80%。爱奇艺下跌近5%，腾讯音乐、蔚来、唯品会下跌超过4%，理想汽车、微博下跌超过3%，小鹏汽车、京东下跌超过2%，哔哩哔哩、满帮、阿里巴巴下跌超过1%，百度、网易小幅下跌。富途控股、拼多多小幅上涨。

Chinese concept stocks retreated. The NASDAQ Golden Dragon China Index closed down 2.8%. Among popular Chinese concept stocks, Montairy ADR closed down 6.21%, NIO closed down 4.88%, Li Auto closed down 3.84%, Ji氪 closed down 3.43%, XPeng Motors closed down 2.52%, Bilibili closed down 1.93%, JD.com closed down 2.04%, Meituan ADR closed down 4.03%, VIPShop closed down 4.16%, Ctrip.com closed down 3.73%, NetEase closed down 0.1%, New Oriental closed down 4.29%, Alibaba closed down 1.78%, Baidu closed down 0.84%, Tencent Holdings ADR closed down 2.31%, while Pinduoduo closed up 0.12%, and Miniso closed up 4.48%.

WTI Crude Oil: The November WTI crude oil futures settled down $1.87, a drop of over 2.61%, at $69.69 per barrel.

Brent Crude Oil: The November Brent crude oil futures settled down $1.71, a drop of over 2.27%, at $73.46 per barrel.

Gold: The December COMEX gold futures rose 0.17% in the late session, reporting $2,681.50 per ounce, having reached $2,694.90 during the Asian market hours.

Silver: The December COMEX silver futures fell 0.97% in the late session, reporting $32.120 per ounce.

Micron Technology's stock soars after hours

As of press time, the stock price of Micron Technology, the largest U.S. manufacturer of computer memory chips, has soared nearly 14% after hours, as the company unexpectedly released strong sales and profit forecasts.Micron Technology's adjusted revenue for the fourth fiscal quarter was $7.75 billion, while analysts expected $7.66 billion;

Adjusted earnings per share for the fourth fiscal quarter were $1.18, while analysts expected $1.12;

Operating cash flow for the fourth fiscal quarter was $3.41 billion, while analysts expected $3.63 billion;

Adjusted gross margin for the fourth fiscal quarter was 36.5%, while analysts expected 34.7%;

Adjusted operating income for the fourth fiscal quarter was $1.75 billion, while analysts expected $1.58 billion;

The company expects adjusted revenue for the first fiscal quarter to be between $8.5 billion and $8.9 billion, while analysts expect $8.32 billion;

The company expects adjusted gross margin for the first fiscal quarter to be between 38.5% and 40.5%, while analysts expect 37.6%;

The company expects adjusted earnings per share for the first fiscal quarter to be between $1.66 and $1.82, while analysts expect $1.52.