The three major U.S. stock indices opened lower, with the Dow Jones down 0.48%.

Mars Finance reports that according to Gate Market Data, at the opening of the U.S. stock market, the Dow Jones Industrial Average fell 0.48%, the S&P 500 declined 0.74%, and the Nasdaq Composite dropped 1.12%. XPeng Inc. (XPEV.N) decreased by 4.2% as the company announced the mass production of battery cells for its Tianlu lander aircraft. Pony.ai (PONY.O) dropped 6%, and Li Auto (LI.O) fell 2%.

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