#夏日创作营 US stocks fall across the board! Nasdaq plunges 1.4%, with only China new energy-related stocks showing an independent uptrend

Full market data interpretation (after close on July 18)
All three major indexes move down together

1 Dow Jones Index: 52,146.42 points, down 0.77%, falling 406.55 points in the day;

2 Nasdaq Composite: 25,520.24 points, down 1.40%, with clear pressure on technology growth stocks;

3 S&P 500 Index: 7,457.69 points, down 1.01%, as market sentiment weakens across the board.

Stock-specific performance is extremely polarized: 2,115 stocks gained, while as many as 3,797 fell; more than 60% of stocks closed higher, showing a broad-based pullback across the market. (red gains, green losses)

Performance of popular tech and ETFs

Storage leader Micron Technology closed slightly lower by 0.50%;
Broad-market ETFs also fell in tandem: S&P 500 ETF down 0.99%, Nasdaq 100 ETF down 1.50%, indicating a strong desire to exit tech-sector capital.

Sectors that strengthened against the trend: China new energy-related stocks

Solar and energy-storage-related China concept stocks became a safe haven in the market, closing all green:

- JinkoSolar +3.00%

- Lufax +2.96%

- Trina? (No, wait) Tongwei? Actually "大全新能源" → Daqo? (Keep names as-is) Daquan New Energy +1.85%

- Canadian Solar +1.42%

- Joyy +1.08%

II. Core reasons behind the broad weakness in US stocks

1 Valuation pressure on the tech sector
After the sustained surge in AI and storage chips, a large amount of profits were accumulated; investors took profits on rallies, directly dragging the Nasdaq Composite sharply lower.

2 Global risk-off sentiment spreads
Korean and Japanese equities saw consecutive steep declines; China A-share technology sectors also sold off in sync. Global equity risk appetite cooled, as capital exited equity assets.

3 Cautious expectations for overseas liquidity
The market is divided over subsequent interest-rate policy; high-valuation growth sectors were the first to absorb selling pressure.

III. Key signals for a differentiated market

1 Short-term pressure on tech growth
The Nasdaq’s decline far outpaced the Dow, indicating investors are prioritizing the selloff of high-valuation tech stocks. Storage and AI hardware face near-term pullback pressure as well, suggesting A-share semiconductors and storage sectors are likely to continue weak performance tomorrow.

2 The “defensive” attribute of the new energy theme becomes prominent
China new energy concept solar stocks rose against the trend as a group. Global capital is starting to favor a new-energy sector with high growth expectations and more reasonable valuations, creating some hedging opportunities for domestic green-power and solar segments.

3 Broad-market ETFs fall together—be cautious about bargain-hunting
The two major mainstream US equity ETFs weakened in tandem. Don’t rush into building US stock positions blindly just because of short-term overselling; wait for sentiment to stabilize before considering staged allocation.