The Dow Jones Industrial Average touched the 40,000 mark and refused to give back recent gains Thursday. Chubb climbed sharply as it became the latest major Warren Buffett holding. The Dow crossed the 40,000 mark several times throughout the morning as it lifted marginally after rallying 0.9% on Wednesday.
Li Auto Inc. Sponsored ADR (LI) closed at $25.92 in the latest trading session, marking a -1.82% move from the prior day.
Nio on Wednesday launched the Onvo L60 EV, which aims squarely at the Tesla Model Y while targeting China's mass market for growth. Nio stock sank as U.S.-China tensions resurfaced. Tesla stock also fell.