US stocks closed with mixed performance for the three major indexes. Tesla rose more than 9% over the past two days, while NIO soared 14% after its performance announcement.
Before the non-farm data, there is new evidence of the cooling of the US job market, and economic concerns support a substantial rate cut bet. The yield curve of the 2-year/10-year US Treasury bonds, which briefly inverted for the third time in two years. The S&P 500 fell for the third consecutive day, with Broadcom falling more than 4% after hours, Tesla rising nearly 5%, and Nvidia and Chinese concept stocks rising nearly 1%. The yen reached a one-month high, and the offshore renminbi rose by 300 points to break 7.09 yuan. Gold rose briefly by 1%, and oil prices rose more than 2% before falling. US oil fell below $70 for the first time in 15 months over two days.
U.S. stock market closing: the three major indexes have mixed gains and losses, with nvidia falling 11% over the past two days.
①S&P and Nasdaq fell for two consecutive days, while the Dow rose by 0.09%; ②Most large technology stocks closed lower, with Amazon falling by 1.66%; ③Berkshire Hathaway Class B shares continued to reach new historical highs; ④United States Steel: Thousands of jobs are at risk if it is not acquired.
US stocks closed: nvidia's market cap decreased by 2 trillion overnight, leading the Nasdaq to plunge 3% and becoming the weakest of the three major indices.
1. Nvidia's market cap evaporated by about 1.99 trillion yuan; 2. The PHLX Semiconductor Index fell by 7.7%, with all components going under; 3. Large technology stocks collectively declined, with Apple dropping by 2.72%; 4. Berkshire Hathaway's stock price continued to hit new historical highs.
Guolian Securities: Orderly repair of supply and demand. Leading education stock in the U.S. steadily enters a new cycle.
With the leading education companies New Oriental and TAL Education respectively announcing their operating performance for the spring of this year on July 31st and August 1st Beijing time, the out-of-school training industry, after about a year of performance transformation and post-pandemic recovery, has officially entered a brand new operational cycle.
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