US Stocks Mixed; Dow Falls Over 150 Points
1. U.S. stocks are mixed; S&P 500 drops 0.07% to 6,462.28. 2. Communication services up 0.7%, while consumer staples down 1.2%. 3. PDD Holdings beats revenue expectations, which could influence market sentiment. 4. Dallas Fed activity index falls to -1.8, signaling economic concerns. 5. New single-family home sales decline 0.6%, indicating housing market weakness.