Global Market: The three major U.S. stock indexes closed higher, storage concept stocks bucked the trend and fell sharply, and Apple rose more than 4% to hit a record high
1. The Dow rose 0.29%, the Nasdaq rose 0.62%, and the S&P 500 rose 0.38%. 2. Apple rose more than 4% to hit a record high, Google, Meta, and Amazon rose more than 3%, Microsoft rose more than 2%, and Nvidia rose 0.33%. 3. SK Hynix fell 9%, and Micron Technology, SanDisk, and Western Digital fell more than 8%. 4. Most popular Chinese concept stocks rose, with the Nasdaq China Golden Dragon Index rising 2.92%.
U.S. stock market: The three major U.S. stock indexes closed higher on July 15. As of the close, the Dow Jones Industrial Average rose 150.37 points from the previous trading day to close at 52658.64 points, an increase of 0.29%; the S&P 500 stock index rose 28.81 points to close at 7572.4 points, an increase of 0.38%; the Nasdaq Composite Index rose 162.22 points to close at 26269.23 points, an increase of 0.62%. Most of the stocks with the largest value in the U.S. stock market rose. Apple rose more than 4% to hit a record high, Google, Meta, and Amazon rose more than 3%, Microsoft rose more than 2%, and Nvidia rose 0.33%. SpaceX fell 0.6% to US$135.27, falling below the US$135 IPO issue price for the first time in the session. Storage concept stocks and computer hardware sectors bucked the trend and fell sharply. SK Hynix fell by 9%, Micron Technology, SanDisk, and Western Digital fell by more than 8%, and AMD and HP fell by more than 3%. Consumer electronics and streaming media sectors rose, with FuboTV rising by more than 7%, Pinterest and Goss Electronics rising by more than 4%. Most popular Chinese concept stocks rose, with the Nasdaq China Golden Dragon Index rising 2.92%. Miniso rose by more than 9%, Tencent Holdings ADR rose by nearly 5%, Alibaba and Bilibili rose by more than 4%, Xpeng Group rose by more than 3%, Vipshop, iQiyi, Li Auto, and Pinduoduo rose by more than 2%, and Baidu and NetEase rose by more than 1%. European stock market: Europe's three major stock indexes had mixed gains and losses on July 15. The Financial Times' average price index of 100 stocks in the London stock market closed at 10515.92 points, down 13.47 points or 0.13% from the previous trading day; the CAC40 index in the Paris stock market in France closed at 838 2.43 points, an increase of 15.58 points or 0.19% from the previous trading day; the DAX index of the Frankfurt stock market in Germany closed at 24999.53 points, a decrease of 147.5 points or 0.59% from the previous trading day. Commodity market: International oil prices rose on July 15. As of the close of the day, the continuous contract of WTI crude oil futures on the New York Mercantile Exchange for the month rose by US$0.90 to close at US$80.24 per barrel, an increase of 1.13%. The continuous contract of COMEX gold futures for the month fell by US$2.80, or 0.07%, to US$4,066.9 per ounce. The continuous contract of COMEX silver futures for the month fell by US$1.00, or 1.70%, to US$58.1 per ounce. Spot gold rose $7.42, or 0.18%, to $4,060.38 per ounce. Spot silver fell by $0.93, or 1.58%, to $57.78 per ounce. SpaceX’s stock price fell below the IPO price for the first time, and the market enthusiasm began to subside. SpaceX's stock price fell below its IPO price for the first time on Wednesday Eastern Time. As the market's pursuit of the reusable rocket manufacturer gradually faded, the company's previous strong upward momentum was ebbing. Specifically, SpaceX's stock price fell for the fourth consecutive trading day, falling to $133 at one point during the session, not only below the issue price of $135, but also further below last month's high. At that time, the market value of SpaceX once exceeded that of Silicon Valley giants such as Microsoft and Amazon. The latter two companies not only had a longer history of public market transactions, but also had stronger financial performance. The top three leaders of the Federal Reserve issued a dovish signal: Inflation may have peaked and monetary policy is in the right position. New York Fed President John Williams said on Wednesday that current levels of inflation are "undoubtedly too high" but there are reasons to believe inflation may have peaked and will begin to fall soon. He believes that U.S. monetary policy is currently in the right position and has the ability to guide inflation back to the Fed's target level. "Inflation is undoubtedly too high, currently around 4%, well above the Federal Open Market Committee's (FOMC) long-term goal of 2%," Williams said in remarks at an event in New York. U.S. Central Command: Launches second wave of strikes against Iran that day
The U.S. Central Command posted on social media on the 15th that the U.S. military launched the second wave of strikes against Iran at 15:00 Eastern Time on the 15th (3:00 Beijing time on the 16th). U.S. Central Command said the strike was "intended to weaken Iran's military capabilities to threaten shipping navigation in the Strait of Hormuz." Federal Reserve Beige Book: The U.S. economy overall shows signs of improvement and inflationary pressures have eased The Beige Book released by the Federal Reserve on Wednesday showed that between the end of May and June, the U.S. economy overall showed signs of improvement, and the job market continued to grow, but it has not yet pushed up wage costs; inflationary pressure has eased, but it still brings unpleasant impacts. The Federal Reserve releases the "Beige Book" eight times a year. The Beige Book summarizes the results of 12 regional Feds' assessment of the U.S. economic situation. The report is an important reference for the Federal Reserve's regular monetary policy meetings. Buffett's latest interview: Criticizes the current wave of market speculation and reveals the logic of betting on Google In the latest interview, "Stock God" Warren Buffett expressed his views on many topics such as market environment, technology giants, the Federal Reserve, and personal relationships. U.S. PPI cooled more than expected in June, oil price "rescue" cannot conceal upstream price increase pressure The U.S. producer prices (PPI) for June released by the U.S. Bureau of Labor Statistics on Wednesday showed that the fall in oil prices has suppressed the inflationary pressure that has gradually become out of control to a certain extent. Data show that the U.S. PPI in June increased by 5.5% year-on-year, and was expected to be 6.2%; it fell by 0.3% month-on-month, and was expected to be flat. The revised PPI growth rate in May (6%) is still the peak since the end of 2022. Anthropic is reported to be advancing IPO preparations and investment banks are arranging meetings with investors in the next few weeks The latest news shows that American artificial intelligence company Anthropic is seeking to meet with investors before a potential large-scale IPO to prepare to join the wave of listings driven by the artificial intelligence boom. The investment bank responsible for the IPO is arranging meetings between investors and Anthropic in the coming weeks, people familiar with the matter said. It has been previously reported that Anthropic may officially launch an IPO as early as October this year. Morgan Stanley's Q2 revenue and profit hit new highs, stock trading revenue surged 69% Before the market opens on Wednesday (July 15) Eastern Time, Morgan Stanley announced a strong second-quarter report. Driven by its stock trading and investment banking business, the bank's second-quarter revenue and profits hit record highs. The financial report shows that Morgan Stanley’s Q2 revenue was a record $21.35 billion, a year-on-year increase of 27%, higher than the market expectation of $19.64 billion; net profit increased by 58% year-on-year to $5.58 billion, with earnings per share (EPS) of $3.46, higher than analysts’ expectations of $2.94; Global containment on "algorithm addiction": UK plans to introduce social media curfew for teenagers Efforts by governments around the world to “rescue” teenagers from platform algorithms have made new progress. The British government announced on July 15 that, on the basis of its previous plan to ban minors under 16 years old from using major social media services in the spring of 2027, it will further extend the scope of protection to teenagers aged 16 and 17: social platforms must enable nighttime usage restrictions from midnight to 6 a.m. by default, and turn off by default features such as automatic broadcasts, infinite scrolling, and continuous push of personalized content that induce user addiction. Huang Renxun appeared in Akihabara and reunited with his "savior" On Wednesday local time, Nvidia CEO Jensen Huang appeared in a game arcade in Akihabara, Tokyo, and reunited with an old friend who saved the company from bankruptcy 30 years ago. According to the Japanese game company Sega (SEGA), at an event held at the old site of the Sega Game Center that day, Huang Renxun and former Sega president Shoichiro Irimajiri once again shared the stage.
The U.S. Central Command posted on social media on the 15th that the U.S. military launched the second wave of strikes against Iran at 15:00 Eastern Time on the 15th (3:00 Beijing time on the 16th). U.S. Central Command said the strike was "intended to weaken Iran's military capabilities to threaten shipping navigation in the Strait of Hormuz." Federal Reserve Beige Book: The U.S. economy overall shows signs of improvement and inflationary pressures have eased The Beige Book released by the Federal Reserve on Wednesday showed that between the end of May and June, the U.S. economy overall showed signs of improvement, and the job market continued to grow, but it has not yet pushed up wage costs; inflationary pressure has eased, but it still brings unpleasant impacts. The Federal Reserve releases the "Beige Book" eight times a year. The Beige Book summarizes the results of 12 regional Feds' assessment of the U.S. economic situation. The report is an important reference for the Federal Reserve's regular monetary policy meetings. Buffett's latest interview: Criticizes the current wave of market speculation and reveals the logic of betting on Google In the latest interview, "Stock God" Warren Buffett expressed his views on many topics such as market environment, technology giants, the Federal Reserve, and personal relationships. U.S. PPI cooled more than expected in June, oil price "rescue" cannot conceal upstream price increase pressure The U.S. producer prices (PPI) for June released by the U.S. Bureau of Labor Statistics on Wednesday showed that the fall in oil prices has suppressed the inflationary pressure that has gradually become out of control to a certain extent. Data show that the U.S. PPI in June increased by 5.5% year-on-year, and was expected to be 6.2%; it fell by 0.3% month-on-month, and was expected to be flat. The revised PPI growth rate in May (6%) is still the peak since the end of 2022. Anthropic is reported to be advancing IPO preparations and investment banks are arranging meetings with investors in the next few weeks The latest news shows that American artificial intelligence company Anthropic is seeking to meet with investors before a potential large-scale IPO to prepare to join the wave of listings driven by the artificial intelligence boom. The investment bank responsible for the IPO is arranging meetings between investors and Anthropic in the coming weeks, people familiar with the matter said. It has been previously reported that Anthropic may officially launch an IPO as early as October this year. Morgan Stanley's Q2 revenue and profit hit new highs, stock trading revenue surged 69% Before the market opens on Wednesday (July 15) Eastern Time, Morgan Stanley announced a strong second-quarter report. Driven by its stock trading and investment banking business, the bank's second-quarter revenue and profits hit record highs. The financial report shows that Morgan Stanley’s Q2 revenue was a record $21.35 billion, a year-on-year increase of 27%, higher than the market expectation of $19.64 billion; net profit increased by 58% year-on-year to $5.58 billion, with earnings per share (EPS) of $3.46, higher than analysts’ expectations of $2.94; Global containment on "algorithm addiction": UK plans to introduce social media curfew for teenagers Efforts by governments around the world to “rescue” teenagers from platform algorithms have made new progress. The British government announced on July 15 that, on the basis of its previous plan to ban minors under 16 years old from using major social media services in the spring of 2027, it will further extend the scope of protection to teenagers aged 16 and 17: social platforms must enable nighttime usage restrictions from midnight to 6 a.m. by default, and turn off by default features such as automatic broadcasts, infinite scrolling, and continuous push of personalized content that induce user addiction. Huang Renxun appeared in Akihabara and reunited with his "savior" On Wednesday local time, Nvidia CEO Jensen Huang appeared in a game arcade in Akihabara, Tokyo, and reunited with an old friend who saved the company from bankruptcy 30 years ago. According to the Japanese game company Sega (SEGA), at an event held at the old site of the Sega Game Center that day, Huang Renxun and former Sega president Shoichiro Irimajiri once again shared the stage.