Ge Long Hui A P P·2025-08-01 22:14Core Points - The U.S. stock market experienced a collective decline, with the Dow Jones falling by 1.23% and a weekly drop of 2.92% [1] - The Nasdaq Composite decreased by 2.24% this week, while the S&P 500 index fell by 1.6%, accumulating a weekly decline of 2.36% [1] - Major tech stocks saw significant losses, with Amazon dropping over 8%, Meta down more than 3%, and Apple and Nvidia both declining over 2% [1] Sector Performance - The cryptocurrency and computer hardware sectors faced the largest declines, with Coinbase falling over 16% and Dell Technologies down over 4% [1] - Weight loss drugs and precious metals sectors showed gains, with gold resources increasing nearly 17% and Eli Lilly rising over 3% [1] Chinese Stocks - The Nasdaq China Golden Dragon Index fell by 1.82%, with popular Chinese stocks also declining, including Bilibili down over 4% and Li Auto down over 3% [1] - Pinduoduo, Alibaba, and Miniso all dropped nearly 3%, while NIO saw an increase of over 2% [1]