智通财经网·2025-08-01 23:07Market Overview - Major indices experienced significant declines, with a total market capitalization loss exceeding $1 trillion, marking the fourth consecutive day of decline for the S&P 500 index [1] - The Dow Jones fell by 542.40 points (1.23%) to 43,588.58, the Nasdaq dropped 472.32 points (2.24%) to 20,650.13, and the S&P 500 decreased by 101.38 points (1.60%) to 6,238.01 [2] - The technology sector, represented by the seven major tech stocks, saw a decline of 2.90% [2] Company-Specific News - Amazon's market value plummeted by over $200 billion in a single day, closing down 8.27% [1][2] - Other notable declines included Meta Platforms down 3.03%, Apple down 2.50%, Nvidia down 2.33%, and Tesla down 1.83% [2] - TSMC's ADR fell by 2.65%, while AMD dropped 2.64% [2] Economic Indicators - The U.S. non-farm payrolls report for July showed a significant slowdown in job growth, with only 73,000 jobs added, far below the expected 110,000 [6] - The unemployment rate rose to 4.2% from 4.1% in June, indicating a cooling labor market [6] - The manufacturing sector continued to contract for the fifth consecutive month, with the ISM manufacturing PMI dropping to 48.0, signaling ongoing challenges in the industry [8] Consumer Sentiment - The University of Michigan's consumer sentiment index rose to a five-month high, reflecting optimism due to stock market rebounds and easing inflation expectations [7] - Consumers expect an average inflation rate of 3.4% over the next five to ten years, the lowest since January [7] Currency and Commodity Markets - The U.S. dollar index fell by 0.83%, with the euro and pound gaining against the dollar [4] - Crude oil prices declined, with WTI falling by $1.93 to $67.33 per barrel and Brent down $2.03 to $69.67 per barrel [4] - Gold futures increased by 2%, closing at $3,415.70 per ounce, while silver futures rose by 1.03% [4] Cryptocurrency Market - Bitcoin dropped over 1.7% to $113,760, while Ethereum fell more than 4.6% to $3,524.49 [5] Analyst Ratings - Jefferies raised Apple's target price from $188.32 to $190.67 [11] - Bernstein increased Amazon's target price from $235 to $250 [11]