The three major U.S. stock indexes opened lower collectively, with NIO rising nearly 4%

December 5th, US stocks opened lower collectively, with the Dow Jones Industrial Average down 0.22%, the Nasdaq Composite Index down 0.42%, and the S&P 500 Index down 0.31%. NIO rose nearly 4%. The company’s third-quarter revenue was CNY 19.07 billion, a year-on-year increase of 46.6%; it delivered a record high of 55,432 vehicles in the third quarter alone. Nokia fell more than 6% while Ericsson rose nearly 4%. Ericsson reached a $14 billion agreement with AT&T to deploy open RAN for 5G in the United States.

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