Market Overview - The three major indices in the U.S. opened high but closed lower, with the S&P 500 index declining for the third consecutive trading day [1] - The Dow Jones Industrial Average fell by 330.30 points, or 0.74%, closing at 44,130.98 points; the Nasdaq dropped by 7.23 points, or 0.03%, to 21,122.45 points; and the S&P 500 decreased by 23.51 points, or 0.37%, to 6,339.39 points [1] Company Performance - Figma's stock surged over 27% in after-hours trading, with its IPO first-day closing up 250%, reaching a market capitalization of $56.3 billion [1] - Apple reported a strong quarterly revenue of approximately $94 billion, exceeding the expected $89.3 billion, driven by a 13.5% increase in global iPhone sales [11] - Amazon's cloud business revenue grew by 18% to $30.9 billion in Q2, slightly above market expectations, but lower than competitors like Microsoft and Alphabet [12] Economic Indicators - The U.S. core PCE price index rose by 0.3% month-over-month and 2.8% year-over-year, slightly above market expectations, complicating the Federal Reserve's interest rate decisions [10] - Canada's GDP fell by 0.1% in May, marking a second consecutive month of contraction, primarily due to declines in the goods-producing sector [7] Trade and Policy Developments - President Trump announced new tariffs on imports from South Korea and India, including a 15% tariff on South Korean goods and a 25% tariff on Indian exports [1] - The U.S. government is extending a temporary trade agreement with Mexico for 90 days, maintaining existing tariffs on various goods [5] - Trump urged 17 major pharmaceutical companies to reduce drug prices in the U.S. to match those in other countries [6] Investment Insights - The U.S. Treasury's plan to increase the supply of treasury bills may pressure the Federal Reserve to purchase more short-term government bonds [9] - A meeting led by the Trump administration focused on providing minimum price guarantees and financial support to U.S. rare earth companies [8]
隔夜美股 | 三大指数收跌 Figma(FIG.US)IPO首日收涨250%