News on May 12, on Thursday, US time, the major stock indexes closed mixed, and the Nasdaq rose slightly. Data showed a slowdown in the U.S. job market, amid renewed concerns about the health of regional U.S. banks. The Dow Jones index closed at 33309.51 points, down 221.82 points, or 0.66%, falling for 4 consecutive trading days; the S&P 500 index closed at 4130.62 points, a decrease of 0.17%; the Nasdaq index closed at 12328.51 points, an increase of 0.18%.Most of the large technology stocks rose. Based on yesterday's 4% rise, Google rose again by more than 4% today, boosting the Nasdaq, which is dominated by technology stocks; Netflix rose more than 2%, Amazon and Meta rose more than 1%.Most of the leading chip stocks fell, Intel fell more than 3%, Qualcomm fell more than 2%, TSMC, ASML and Texas Instruments fell more than 1%. Most of the popular new energy vehicle stocks rose, Tesla rose 2.10%, Rivian fell 1.91%, Faraday Future fell 2.02%; Weilai rose 3.94%, Xiaopeng rose 4.37%; ideal rose 3.70%. Tesla and Twitter CEO Musk said that Twitter is about to usher in a new CEO, and he himself will transfer to product and technology positions.Among the leading e-commerce stocks in China, Alibaba rose 5.96%, JD.com rose 7.21%, and Pinduoduo rose 7.05%. Among other popular Chinese concept stocks, Baidu rose 4.43%, BOSS Zhipin rose 4.17%, iQiyi rose 3.58%, Ctrip rose 2.77%, Manbang rose 2.59%, Zhihu rose 2.02%, Bilibili rose 1.17% , New Oriental rose 0.25%.On May 11, 2023, Hong Kong stocks closed. The Hang Seng Index fell 0.09% to 19743.79 points; the Hang Seng China Enterprises Index rose 0.18% to 6695.11 points; the Hang Seng Technology Index rose 1.34% to 3862.85 points. On the same day, the net purchase of southbound funds was 2.105 billion Hong Kong dollars.Data showed that the number of Americans filing for unemployment benefits last week hit the highest level since October 2021, while the producer price index (PPI) rose 0.2% month-on-month in April, below economists' forecast of 0.3%. The reports suggest the Fed's actions to tighten monetary policy may finally be having an impact on inflation.U.S. time on Thursday, safe-haven assets traded stronger, the dollar rose and U.S. Treasury yields fell. The yield on the policy-sensitive two-year note fell to 3.9%, while the 30-year yield extended gains after a stronger-than-expected auction.