On July 25, the U.S. stock market concluded the trading day with positive gains across all three major indexes. Notably, the Dow Jones Industrial Average advanced 0.47%, the Nasdaq Composite edged up 0.24%, and the S&P 500 index climbed 0.4%. Among large technology stocks, performance was mixed. Tesla led the pack with gains exceeding 3%, while Microsoft, Google, and Apple each registered modest increases. Conversely, Intel experienced a sharp decline of over 8%, and Amazon, Meta, NVIDIA, and Netflix also saw slight decreases. Within the realm of popular Chinese stocks listed in the U.S., the majority experienced declines, including Tiger Brokers and Bilibili, which fell more than 2%, and iQIYI, Futu Holdings, and Weibo, which dropped over 1%. Alibaba, JD.com, XPeng Motors, and Li Auto also witnessed minor declines. In contrast, 36Kr surged more than 5%, and NIO and MINISO Group Holding also recorded gains of over 1%.