Di Yi Cai Jing Zi Xun·2025-07-24 23:36Market Performance - The S&P 500 and Nasdaq indices reached new closing highs, driven by Alphabet's better-than-expected earnings, while the Dow Jones fell due to weakness in its components [1][2] - The S&P 500 closed at 6363.35 points, up 0.07%, and the Nasdaq closed at 21057.96 points, up 0.18%, with intraday highs of 6381.31 and 21113.10 points respectively [1] Company Earnings - Alphabet reported Q2 revenue of $96.428 billion, a 14% year-over-year increase, and a net profit of $28.196 billion, up 19% year-over-year, with earnings per share of $2.31 [2] - Tesla's stock dropped 8.2% after reporting a 16% decline in net profit and revenue of $22.496 billion, which was below market expectations [3] - Intel's stock rose 3.2% in after-hours trading, announcing a workforce reduction from 99,500 to 75,000 employees, and provided a revenue guidance of $12.6 billion to $13.6 billion for Q3 [3] Sector Performance - Major tech stocks like Microsoft, Nvidia, and Amazon rose over 1% due to positive sentiment from Alphabet's earnings [3] - The non-essential consumer goods sector led declines in the S&P 500, falling 1.23%, while the materials sector dropped 0.75% [4] Macro Data - The U.S. Department of Labor reported that initial jobless claims fell to 217,000, indicating a resilient job market, which supports the Fed's wait-and-see approach [4] Commodity Prices - WTI crude oil prices increased by $0.78 to $66.03 per barrel, while Brent crude rose by $0.53 to $68.36 per barrel [4] - Gold prices fell, with COMEX gold futures down $24.10 to $3,373.50 per ounce [5]