Trading concluded on August 1 with all three major U.S. stock indexes in the red. The Dow Jones Index slipped 1.23%, the Nasdaq Index dropped 2.24%, and the S&P 500 Index fell 1.6%. The technology sector was broadly hit, with Amazon tumbling over 8%, Meta shedding more than 3%, and both Apple and Nvidia declining by over 2%. Furthermore, Tesla, Microsoft, and Google witnessed declines exceeding 1%, while Netflix saw a marginal dip of 0.07%. Among Chinese stocks listed in the U.S., a downward trend was prevalent, with Futu Holdings dropping more than 7%, Tiger Brokers and Li Auto declining over 3%, and Pinduoduo, Alibaba, Miniso, Tencent Music, and NetEase all losing more than 2%. Baidu and JD.com fell by over 1%, while Xpeng Motors dipped 0.88%. Notably, a few Chinese stocks listed in the U.S. bucked the trend, with NIO gaining more than 2% and New Oriental rising by over 1%.