Group 1: US Stock Market Performance - On August 6, all three major US stock indices closed higher, with the Dow Jones up 0.18% at 44,193.12 points, the Nasdaq up 1.21% at 21,169.42 points, and the S&P 500 up 0.73% at 6,345.06 points [2] - Among the seven major tech companies, six saw gains, with Apple rising over 5% and only Microsoft experiencing a slight decline of 0.53% [2] - The Nasdaq Golden Dragon China Index, which tracks Chinese stocks listed in the US, increased by 0.93%, with notable gains from QuantumScape (up 9.51%) and Tiger Tech International (up 5.78%) [2] Group 2: Commodity Prices - International oil prices experienced fluctuations, with Brent crude oil down 1.11% at $66.89 per barrel and WTI crude oil down 1.37% at $64.27 per barrel [3] - Gold prices also saw a slight decline, with London spot gold down 0.35% at $3,368.81 per ounce and COMEX gold futures down 0.08% at $3,431.80 per ounce [5][6] Group 3: Market Risks and Warnings - Several international financial institutions, including Morgan Stanley and Deutsche Bank, warned clients about the potential for a decline in US stock prices due to high valuations and deteriorating economic data [7] - Analysts from Morgan Stanley suggested that the S&P 500 could correct by as much as 10% this quarter, while Evercore ISI projected a potential decline of 15% [7] - Options trading indicated increased costs for hedging against a downturn in the stock market, with the price difference for options contracts reflecting a high level of concern since the regional banking crisis in May 2023 [8]

Group 1 - Major international financial institutions, including Morgan Stanley, Deutsche Bank, and Evercore ISI, have warned clients to prepare for a potential decline in U.S. stock prices due to deteriorating economic data [1] - The S&P 500 index has rebounded sharply since its low in April, even reaching new highs, but analysts believe a slight pullback is overdue [1] - Morgan Stanley's analyst Mike Wilson predicts that the S&P 500 index could correct by as much as 10% this quarter due to the impact of U.S. tariff policies on consumers and corporate balance sheets [1] - Evercore ISI analyst Julian Emanuel anticipates a potential decline of 15% in the S&P 500 index [1] - Options trading indicates a heightened expectation of a stock market downturn, with the cost of hedging against a significant drop becoming increasingly expensive [1] Group 2 - Vanguard Group warned that the investor enthusiasm for AI stocks in the U.S. market in 2024 may have overstretched the short-term development potential of AI technology, leading to correction risks for related companies' stock prices [2] - Even if AI technology does lead to transformative changes, the leading companies may still face stock price corrections, although the timing of such corrections remains uncertain, potentially starting as late as 2025 [2]