Group 1: Chinese Concept Stocks Surge - Chinese concept stocks experienced a significant surge, led by Alibaba, whose stock price increased by over 11% [1] - Alibaba's surge is attributed to two main factors: a strong financial report showing a net profit of 42.382 billion yuan, a 76% year-on-year increase, exceeding market expectations, and the development of a new AI chip that could fill the gap left by Nvidia's challenges in China [1] Group 2: Nasdaq Decline - In contrast to the rise of Chinese concept stocks, the Nasdaq composite index fell by over 1%, primarily affecting technology stocks like Nvidia and AMD, which saw their stock prices decline [2] - The core Personal Consumption Expenditures (PCE) price index for July rose by 2.9%, meeting expectations but accelerating from the previous month, marking the highest level since February [2] Group 3: Consumer Confidence Decline - The core consumer confidence index recorded a value of 58.2, aligning with market expectations but down 5.7% from July and 14.3% year-on-year, indicating a decline in consumer sentiment regarding the economy [3] - Concerns over high prices have led to a decrease in the purchasing conditions for durable goods, reaching the lowest level in a year, and a 7% decline in personal financial conditions [3] Group 4: Rising Gold Prices - International gold prices have increased, with London spot gold rising by 0.91% and COMEX gold futures surpassing $3,500 per ounce [4]
今夜,“沸腾”了!