Lucid (US:LCID) Zhi Tong Cai Jing·2025-07-03 22:25Market Performance - The three major U.S. indices rose, with the Nasdaq and S&P 500 reaching new highs [1] - The Dow Jones increased by 344.11 points (0.77%) to 44828.53 points, the Nasdaq rose by 207.97 points (1.02%) to 20601.10 points, and the S&P 500 gained 51.93 points (0.83%) to 6279.35 points [1] Economic Indicators - U.S. non-farm payrolls increased by 147,000 in June, surpassing the expected 106,000, while the unemployment rate fell to 4.1%, below the expected 4.3% [6] - Average hourly earnings rose by 0.2% month-over-month and 3.7% year-over-year, indicating reduced inflationary pressure [6] - The ISM services index rose to 50.8 in June, indicating a return to expansion after a contraction in May [7] Tax Legislation Impact - The U.S. House of Representatives passed President Trump's large-scale tax and spending bill, which is expected to be signed into law [1] - The International Monetary Fund (IMF) warned that the tax bill could complicate efforts to reduce fiscal deficits and debt burdens in the coming years, potentially increasing the deficit by $3.3 trillion [8][9] Trade Deficit - The U.S. trade deficit widened in May to $71.5 billion, a 19% increase from April, driven by a larger decline in exports compared to imports [10] Company News - Lucid Motors reported a record delivery of 3,309 vehicles in Q2, a 38% year-over-year increase, with total deliveries for the first half of the year reaching 6,418, up nearly 50% from the previous year [11] - The growth in Lucid's deliveries is attributed to the rapid expansion of the global electric vehicle market and successful brand positioning [11]