Market Performance - The US stock market experienced a decline, with all three major indices closing lower, marking the S&P 500's fifth consecutive day of losses. The Dow Jones fell by 152.81 points (0.34%) to 44,785.50, the Nasdaq dropped by 72.55 points (0.34%) to 21,100.31, and the S&P 500 decreased by 25.61 points (0.40%) to 6,370.17 [3][2]. Chinese Assets - In contrast to the US market, Chinese assets showed strength, with the Nasdaq China Golden Dragon Index rising by 1.35%. Notable gains were seen in companies such as Xpeng Motors, which increased by nearly 12%, and NIO, which rose over 9%. Other companies like Tiger Brokers and Miniso also saw gains exceeding 6% [5][2]. Federal Reserve Commentary - Some Federal Reserve officials expressed a hawkish stance, emphasizing the need for continued moderate tightening to address high inflation levels. Cleveland Fed President Loretta Mester stated that there is no reason to lower interest rates at this time, while Atlanta Fed President Raphael Bostic suggested a potential rate cut later this year, albeit with significant uncertainty [7][8]. Legal Developments - A New York appellate court overturned a $500 million civil fraud penalty against former President Trump, which he described as a politically motivated attack. The New York Attorney General's office has since filed an appeal against this ruling [10][11][9]. International Relations - Israeli Prime Minister Netanyahu announced the initiation of ceasefire negotiations regarding Gaza, aiming to secure the release of all Israeli captives and end the conflict under acceptable conditions. However, there are currently no plans for an Israeli delegation to negotiate in Qatar or Egypt [15][14].
中国金龙,逆势大涨!
Shang Hai Zheng Quan Bao·2025-08-22 00:19