深夜！中美大消息！

Core Viewpoint - The article discusses the recent fluctuations in the U.S. stock market, ongoing U.S.-China trade negotiations, and the outlook for corporate earnings and economic stability, suggesting potential investment opportunities amidst market volatility [2][3]. Group 1: Market Performance - On July 29, the U.S. stock market experienced a sudden drop after reaching new highs, with the Dow Jones falling approximately 200 points, the Nasdaq initially rising over 0.5% before dropping 0.1%, and the S&P 500 declining by 0.15% [1]. - Market analysts suggest that any short-term pullbacks in the stock market could present buying opportunities for investors [2]. Group 2: U.S.-China Trade Negotiations - U.S.-China trade talks concluded in Stockholm, with both sides engaging in constructive discussions based on a consensus from a previous call between the two nations' leaders [2]. - The Chinese Ministry of Commerce indicated that both parties would continue to push for the extension of previously suspended tariffs and countermeasures [2]. Group 3: Economic Indicators - In July, U.S. consumer confidence increased, alleviating concerns about the overall economy and job market, despite a decline in job vacancies [2]. - Analysts from BMO Capital Markets noted that the economic data presents a mixed picture but does not pose a significant challenge to market trends or macroeconomic narratives [2]. Group 4: Corporate Earnings Outlook - Major technology companies are set to release their earnings reports, which could signal stability in the economy and job market, potentially leading to further stock market gains [2]. - Strategists from HSBC, Morgan Stanley, and UBS maintain a bullish long-term outlook for the stock market, citing strong corporate earnings, positive economic data, and reduced tariff uncertainties as key drivers [3]. Group 5: Investment Strategies - UBS's Ulrike Hoffmann-Burchardi anticipates continued stock market growth over the next 12 months but advises investors to be cautious of short-term volatility [3]. - Citi's team observed an increase in bullish positions in U.S. stock index futures, particularly in the S&P 500 [3]. - Goldman Sachs' Peter Oppenheimer cautioned that current pricing may assume the absence of tariff-driven recession risks, suggesting that maintaining a diversified investment approach is prudent given high valuation levels [3].