U.S. stocks close: Dow hits new intraday high Pinduoduo tumbles 28%

On August 27th, the U.S. stock market closed on Monday, the Dow index initially closed up 0.18%, hitting a record high during the session, the S & P 500 index fell 0.3%, the Nasdaq index fell 0.85%. Nvidia (NVDA. O) fell 2%, Pinduoduo (PDD. O) fell 28.5% after the performance. Nasdaq China Golden Dragon index closed down 0.76%, Alibaba (BABA. N), JD.com (JD. O) fell in the 4% line, XPeng Motors (XPEV. N) rose more than 7%.