2025.7.30 US Stock Market Overview
1. VIXY closed up 0.49%, at 41.24.
2. The three major US stock indices had mixed results. The S&P 500 index closed down 0.12%. The Dow Jones Industrial Average closed down 0.38%. The Nasdaq closed up 0.15%.
3. Nvidia closed up 2.14%, Google A up 0.4%, Microsoft up 0.13%, Amazon closed down 0.35%, Tesla down 0.67%, Meta down 0.68%, and Apple down 1.05%.
Microsoft announced strong earnings after hours, soaring nearly 9%. Meta's second-quarter profits exceeded expectations, raising the lower end of its full-year capital expenditure forecast range, skyrocketing nearly 12% after hours.
4. The Nasdaq Golden Dragon China Index closed down 1.82%. Among popular Chinese stocks, WeRide initially closed down 6.8%, New Oriental down 4.8%, NIO, Pony.ai, and Li Auto down over 3%, and Xpeng and Pinduoduo down over 2%.
5. The Trump administration excluded the largest imported refined copper from tariffs, causing New Copper to plummet 20%, marking the largest single-day drop in history.