On August 4, the trading day concluded with a collective surge in all three major U.S. stock indices. Notably, the Dow Jones Industrial Average climbed 1.34%, the Nasdaq Composite Index surged 1.95%, and the S&P 500 Index advanced 1.47%. Among the tech giants, Meta, NVIDIA, and Google experienced gains exceeding 3%, while Microsoft and Tesla notched increases of over 2%. Arm and Netflix also rose by more than 1%. Conversely, Amazon was the lone loser, dipping more than 1%. In the realm of popular Chinese concept stocks, most recorded gains, with XPeng Motors leading the pack with a jump of over 4%, followed by Tencent Music with a gain of more than 3%. Bilibili, NetEase, and JD.com each rose by more than 2%, and Pinduoduo, Baidu, and iQIYI also posted increases of over 1%. Notably, NIO saw a decline of more than 8%.
