2025.8.12 US Stock Market Overview

1. VIXY closed down 4.26%, at 38.25.

2. The three major US stock indexes collectively rose over 1%. The S&P 500 index rose 1.13%, at 6445.76 points; the Nasdaq Composite Index rose 1.39%, at 21681.9 points; the Dow Jones Industrial Average rose 1.1%, at 44458.61 points.

3. Tech giants regained upward momentum on Tuesday. Among them, Apple rose 1.09%, Microsoft rose 1.43%, Amazon rose 0.08%, Nvidia rose 0.6% to set a new closing high, Google-A rose 1.16%, Tesla rose 0.53%, and Meta rose 3.15% to reach a new high.

4. The Nasdaq Golden Dragon China Index closed up 1.49% on Tuesday. Alibaba rose 3.19%, JD.com rose 3.01%, Baidu rose 2.14%, Pinduoduo rose 3%, Bilibili fell 1.17%, NIO fell 8.96%, NetEase rose 1.62%, Futu Holdings rose 3.56%, Li Auto fell 0.33%, XPeng fell 6.08%, and Tencent Music rose 11.85% after releasing earnings.

5. Q2 revenue far exceeded expectations, Southeast Asian internet giant Sea surged over 19%.

6. Circle (CRCL.US) released its first earnings report since going public, with revenue growth exceeding market expectations. The quarter's revenue reached $658 million, a year-on-year increase of 53%. The stock opened up 17% but closed up 1.27%. After hours, the company announced it would issue an additional 10 million shares, currently down over 6%.

7. Bitcoin strongly broke through $4600, with a 24h increase of over 8%, less than 5% away from ATH.