The Dow Jones opened up by 0.2%, the S&P 500 rose by 0.3%, and the Nasdaq increased by 0.5%.

Oracle rose 4.0%, TikTok and Oracle signed an agreement to establish a joint venture company in the United States. Nike fell 10.1%, Q2 net profit dropped by more than 30%, and the business in Greater China continued to be under pressure. Cloud infrastructure technology company CoreWeave rose 4.5%, with Citigroup's target price doubling from the current level. Pinduoduo rose 6.0%, announcing adjustments to the company's governance structure to implement a co-chair system.