昨夜，美股拉升，中概股大爆发！

Market Performance - US stock markets experienced a significant rally, with all three major indices closing up over 1%. The Dow Jones Industrial Average rose by over 500 points, marking a 1.19% increase, while the Nasdaq and S&P 500 gained 1.43% and 1.11% respectively. Notably, the Dow reached its highest closing level since early March, and both the S&P 500 and Nasdaq achieved their highest closing levels since late February [1][2]. Technology Stocks - Major technology stocks saw substantial gains, with Intel increasing by over 6%, Nvidia, Netflix, and Amazon rising by more than 2%, and Meta gaining over 1%. However, Tesla fell by more than 2%, and Apple experienced a slight decline [2]. Chinese Stocks - Chinese stocks listed in the US surged, with the Nasdaq Golden Dragon China Index rising by 3.31%, marking its largest single-day gain since May 13. Notable performers included Xiaoma Zhixing, which rose over 16%, and New Oriental, which increased by over 13%. Other significant gains were seen in Kingsoft Cloud, Pinduoduo, and several other Chinese companies [3][5]. Oil Market - The international oil market saw a significant drop, with WTI crude oil futures for August contracts falling by 6.04% to $64.37 per barrel, and Brent crude oil futures dropping by 6.07% to $67.14 per barrel. This decline was attributed to easing concerns over oil supply disruptions [5]. Federal Reserve Commentary - Federal Reserve Chairman Jerome Powell indicated that the Fed is not in a hurry to cut interest rates, opting to observe the impact of tariffs on the economy. He emphasized the importance of understanding the economic trajectory before making policy adjustments [6][7].