Tesla(US:TSLA) Sou Hu Cai Jing·2025-06-18 04:53Market Overview - The U.S. stock market experienced a collective decline, with the Dow Jones Industrial Average dropping by 299.29 points to close at 42215.8, a decrease of 0.7% [3] - The S&P 500 index fell by 50.39 points to 5982.72, down 0.84%, while the Nasdaq Composite Index decreased by 180.12 points to 19521.09, a decline of 0.91% [3] - Major technology stocks, including Tesla, faced significant pressure, with Tesla's stock dropping nearly 4% due to increased competition in the electric vehicle market and supply chain issues [3] Chinese Concept Stocks - The Nasdaq Golden Dragon China Index fell by 1.77%, with several Chinese concept stocks experiencing declines, such as Hesai down over 6% and Li Auto down over 4% [4] - The downturn in Chinese stocks was influenced by the overall decline in the U.S. stock market and specific operational challenges faced by these companies [4] European Market Performance - European stock indices also saw declines, with the FTSE 100 down 41.19 points to 8834.03, a drop of 0.46%, and the CAC40 index down 58.51 points to 7683.73, a decrease of 0.76% [4] - The DAX index fell by 264.47 points to 23434.65, reflecting a decline of 1.12%, indicating economic pressures and investor concerns regarding the European economic outlook [4] Oil Market Dynamics - In contrast to the stock market, international oil prices surged, with WTI crude oil futures rising by $3.02 to $73.27 per barrel, an increase of 4.30% [5] - Brent crude oil futures also increased by $3.22 to $76.45 per barrel, up 4.40%, driven by geopolitical tensions in the Middle East and expectations of global economic recovery [5] Precious Metals Market - In the precious metals market, COMEX gold futures fell by $10.40 to $3406.9 per ounce, a decrease of 0.30%, likely due to changing market risk preferences as investors adjusted their asset allocations amid stock and oil price volatility [5]