Amazon(US:AMZN) Sou Hu Cai Jing·2025-08-02 00:22Market Overview - On August 1, U.S. stock indices fell sharply, with the Dow Jones Industrial Average down 1.23%, S&P 500 down 1.60%, and Nasdaq down 2.24%, marking the largest decline since April. The total market capitalization of U.S. stocks decreased by over $1 trillion [1] - Major technology stocks also experienced significant declines, with Amazon dropping over 8% despite reporting second-quarter revenue of $167.702 billion, exceeding market expectations of $162.047 billion. However, the company's third-quarter operating profit guidance was below expectations, raising concerns about its cloud business growth [2] Employment Data - The U.S. Labor Department reported that non-farm payrolls increased by only 73,000 in July, falling short of expectations, while the unemployment rate slightly rose to 4.2%. Additionally, previous months' employment figures were significantly revised downward, with May's job additions revised from 144,000 to just 19,000, and June's from 147,000 to 14,000 [2] Economic Indicators - The uncertainty stemming from U.S. government tariff policies has led to increased caution among American businesses, contributing to a rapid deterioration in the labor market. The ISM reported that the manufacturing PMI for July was 48%, down from 49% in June [3] - Following the release of the latest economic data, the U.S. dollar index experienced a significant drop, falling from 100.23 to 98.66 within half an hour, reflecting a daily decline of 1.38% [3] Tariff Policy - On July 31, President Trump signed an executive order establishing "reciprocal tariffs" on multiple countries and regions, with rates ranging from 10% to 41%. Notably, tariffs on Canada were increased from 25% to 35%, effective August 1 [3] Commodity Prices - Oil prices saw a significant decline, while spot gold prices surged, surpassing $3,360 [4][5]