Market Overview - US stock indices closed up over 1%, with the Nasdaq rising 1.39%, S&P 500 up 1.13%, and Dow Jones increasing by 1.1%, marking historical highs for both Nasdaq and S&P 500 [5] - Major tech stocks saw significant gains, with Intel up over 5%, Meta up over 3%, and total market capitalization for Meta approaching $2 trillion [5] - Chinese stocks also performed well, with the Nasdaq Golden Dragon China Index rising 1.49% [5] Economic Indicators - The US Consumer Price Index (CPI) for July increased by 0.2% month-on-month and 2.7% year-on-year, while the core CPI rose 0.3% month-on-month and 3.1% year-on-year [5] - International oil prices declined, with WTI crude oil down 1.38% to $63.08 per barrel and Brent crude down 0.78% to $66.11 per barrel [6] Trade Relations - The US and China announced a 90-day suspension of tariffs on each other's goods, extending the "truce" period [9] - US President Trump suggested increasing soybean orders from China to reduce the trade deficit [11] Corporate Developments - Micron Technology announced it will cease the development of future mobile NAND products due to poor market performance, while continuing to support other NAND solutions [26][27] - China Unicom reported a revenue of over 200 billion yuan for the first half of the year, a 1.5% increase year-on-year, with a pre-tax profit of 17.8 billion yuan, up 5.1% [29] - Tesla launched the Model 3 Long Range version with a range of 830 kilometers, priced from 269,500 yuan [25] Policy Changes - The Chinese government introduced a personal consumption loan subsidy policy, providing a 1% annual interest subsidy for eligible loans [13] - A similar subsidy policy for service industry loans was also announced, offering a 1% interest subsidy for eligible service sector businesses [14] Industry Trends - The China Nonferrous Metals Industry Association's lithium division called for a halt to "involution" and unhealthy competition in the lithium industry [15] - Major lithium battery separator companies reached a consensus to self-regulate prices and pause capacity expansion to promote healthy industry development [16]
美俄元首将以一对一形式举行会晤；纳指与标普500再创新高；国家对个人消费贷贴息；中国恒大将取消上市地位丨每经早参