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2025.8.1 U.S. Stock Market Overview
1. VIXY rose by 7.88%, closing at 44.76.
2. The benchmark U.S. stock indices all closed lower. The S&P 500 index fell by 1.60%, down 2.36% for the week. The Dow Jones Industrial Average fell by 1.23%, down 2.92% for the week. The Nasdaq fell by 2.24%, down 2.17% for the week.
3. Amazon fell by 8.27%, Meta Platforms dropped by 3.03%, Apple decreased by 2.50%, Nvidia fell by 2.33%, Tesla dropped by 1.83%, Microsoft fell by 1.76%, and Google A decreased by 1.44%.
4. The Nasdaq Golden Dragon China Index fell by 1.82%, with a cumulative decline of 4.93% this week. Among popular Chinese concept stocks, Weilai, Bilibili, Li Auto, and Tencent all dropped by at least 3%, while Pinduoduo, Pony.ai, TSMC, and NetEase fell by at least 2%.
5. The price of Erbing has dropped below $3500, with a 24h decline of over 7%.