Chinese concept stocks in the U.S. stock market surged tonight, with Alibaba rising more than 7%; the "Seven Sisters" also collectively rose in the red, semiconductor stocks did not jump up and down, and volatility narrowed significantly: U.S. stocks opened
On the evening of July 15th, Beijing time, the three major U.S. stock indexes collectively rose at the opening. As of press time, the Dow rose 0.46%, the Nasdaq rose 0.68%, and the S&P 500 rose 0.45%. The "Seven Sisters" of U.S. stocks rose collectively, with Tesla rising by more than 2%, Google, Amazon, Apple, and Microsoft rising by more than 1%, and Nvidia and Meta rising slightly. As of press time, the Philadelphia Semiconductor Index fell 0.67%, significantly narrowing its volatility compared to the previous trading day.
On the evening of July 15th, Beijing time, the three major U.S. stock indexes collectively rose at the opening. As of press time, the Dow rose 0.46%, the Nasdaq rose 0.68%, and the S&P 500 rose 0.45%. The "Seven Sisters" of U.S. stocks rose collectively, with Tesla rising by more than 2%, Google, Amazon, Apple, and Microsoft rising by more than 1%, and Nvidia and Meta rising slightly. As of press time, the Philadelphia Semiconductor Index fell 0.67%, significantly narrowing its volatility compared to the previous trading day. SK Hynix fell 6.80%, Micron Technology fell 2.77%, Intel fell 0.73%, and Broadcom, TSMC, ASML, and AMD rose. BlackRock’s share price rose by more than 8%, attracting net capital inflows of nearly US$200 billion in the second quarter, and total assets exceeded 15 trillion for the first time. Chinese concept stocks rose collectively, China Golden Dragon Index rose 3.59%, Miniso rose more than 9%, Alibaba rose more than 7%, Alibaba Qianwen will be integrated into Apple Smart as an AI capability, Xpeng Group and Bilibili rose more than 5%. On the news, the U.S. Bureau of Labor Statistics released data on Wednesday showing that PPI fell by 0.3% month-on-month in June, the largest monthly decline since April 2020. The year-on-year increase narrowed to 5.5%, significantly lower than market expectations of 6.2%. Following the unexpected softening of CPI data, PPI data once again confirmed that falling energy prices are the core driver of the current cooling of inflation, and the market immediately lowered its expectations for the Federal Reserve to raise interest rates in July. (