Sou Hu Cai Jing·2025-07-17 16:08Market Performance - US stock market continued to rise, with the S&P 500 index up 0.45%, the Dow Jones Industrial Average up nearly 200 points (0.4%), and the Nasdaq Composite index up about 0.7% [2] - Approximately 50 companies in the S&P 500 have reported earnings, with 88% exceeding analyst expectations, boosting investor confidence [2] - Key economic data showed resilience in the US economy, with initial jobless claims at 221,000, a decrease of 7,000 from the previous week, indicating a strong labor market [2] Retail Sales and Consumer Spending - Retail sales in June increased by 0.6% month-over-month, significantly above the Dow Jones estimate of 0.2%, alleviating concerns about declining consumer spending [2][3] - Analysts noted that strong retail sales data indicates consumers are still actively spending, which supports ongoing economic expansion [3] Individual Company Performance - PepsiCo's stock surged nearly 7% following better-than-expected earnings [3] - Oracle's stock rose over 3%, reaching a market capitalization of $700 billion, with a year-to-date increase of 50% [5] - Nvidia and Microsoft stocks both increased by approximately 1%, reaching new all-time highs with market capitalizations of $422 billion and $380 billion, respectively [5] Technology Sector Highlights - The S&P 500 index is nearing historical highs, led by technology stocks, with TSMC's optimistic outlook contributing to a 3% increase in its stock price [4] - Major tech companies like Intel, Netflix, Salesforce, Amazon, and Tesla also saw slight increases in their stock prices, reflecting overall positive sentiment in the tech sector [6]