US stocks open high, gold stocks fall

At the opening of the US stock market, the Dow Jones Industrial Average rose 0.84%, the S&P 500 Index rose 1.1%, and the Nasdaq rose 1.52%. Pinduoduo (PDD. O) fell 18% as its first quarter performance fell short of expectations. Gold stocks followed the international gold price downward, with Jintian falling 5.4%. Trump Media Technology Group (DJT. O) rose 3.69% as the company plans to raise $2.5 billion to establish a Bitcoin reserve. Tesla (TSLA. O) rose 3.1% after Musk announced that he has returned to working 24/7.