2025.8.11 US Stock Overview

1. VIXY closed down 0.48%, at 39.95.

2. US benchmark stock indices fell across the board. The S&P 500 index closed down 16.00 points, a decrease of 0.25%, at 6373.45 points. The Dow Jones Industrial Average closed down 200.52 points, a decrease of 0.45%, at 43975.09 points. The Nasdaq closed down 64.62 points, a decrease of 0.30%, at 21385.40 points.

3. Apple closed down 0.83%, Amazon fell 0.62%, Meta Platforms, Nvidia, Google A, and Microsoft fell by up to 0.35%, while Tesla rose 2.85%—the company applied to supply power to UK households.

4. The Nasdaq Golden Dragon China Index closed down 0.29%, at 7480.07 points.

Among popular Chinese concept stocks, Li Auto initially closed down 2.8%, while Xiaomi, Baidu, Alibaba, JD.com, and Pinduoduo fell over 1%. Xpeng rose 5.5%, while NIO, Bilibili, and Pony.ai rose over 1%.

5. Cannabis stocks soared, with Canopy Growth skyrocketing over 26% and Tilray Brands surging over 41%. Trump indicated he is considering reclassifying cannabis to a lower risk drug category.

6. Bitcoin briefly broke through $122,000, then the gains significantly retreated. Ethereum maintained fluctuations around $4,300.