Sino-Singapore Jingwei, July 23. In the early morning of the 23rd Beijing time, the three major U.S. stock indexes closed down across the board, the Dow fell 0.43%, the S&P 500 fell 0.93%, and the Nasdaq fell 1.87%.

Verizon Telecom fell 6.67%, Intel fell 3.47%, leading the decline in the Dow.

Snap fell 39%, its lowest close since March 2020.

Most of the Chinese concept stocks fell, Meihua International Medical fell 40.62%, and Zhongyang Financial fell 21.04%.

Source: Wind

　　As of the close, the Dow fell 0.43% to 31899.29 points, the S&P 500 fell 0.93% to 3961.63 points, and the Nasdaq fell 1.87% to 11834.11 points.

This week, the Dow rose 1.95%, the S&P 500 rose 2.55%, and the Nasdaq rose 3.33%.

　　Technology stocks fell across the board, with Apple down 0.81%, Amazon down 1.77%, Netflix down 1.54%, Google down 5.63%, Facebook down 7.59%, and Microsoft down 1.69%.

　　Bank stocks generally fell, with JPMorgan down 0.5%, Goldman Sachs down 0.66%, Citigroup down 1.24%, Morgan Stanley down 0.77%, Bank of America down 0.77%, and Wells Fargo down 0.21%.

　　Airline stocks fell collectively, Boeing fell 2.03%, American Airlines fell 2.84%, Delta Airlines fell 1.88%, Southwest Airlines fell 1.59%, and United Airlines fell 2.96%.

　　Most popular Chinese concept stocks fell, Lixiang Education fell 19.61%, Ninth City fell 19.43%, Qudian fell 15.69%, EHang Smart fell 10.12%, Tuya Smart fell 9.03%, TuSimple fell 8.91%, Maverick Electric In terms of gains, AMTD Digital rose 249.31%, Allied Group rose 16.22%, Baosheng Technology rose 15.32%, 36Kr rose 9.44%, and Haichuan Securities rose 6.87%.

　　Zhonggai new energy auto stocks fell across the board, with NIO down 6.87%, Xiaopeng Motors down 7.36%, and Ideal Auto down 6.07%.

　　In terms of individual stocks, Snap fell 39%, hitting a new closing low since March 2020.

Snap posted an adjusted loss of $0.02 per share in the second quarter, compared with expectations for a loss of $0.05 per share.

Revenue was $1.11 billion vs. $1.14 billion expected.

Daily active users of 300 million vs. 340 million expected.

Snap did not give guidance for the third quarter.

　　On the news, the initial value of the S&P Global manufacturing PMI in the United States in July was 52.3, a new low since August 2020, and the expected value is 52, the final value in June is 52.7, and the initial value in June is 52.4; the initial value of the service industry PMI is 47, a record high in 2020. The new low since June, expected to be 52.6, the final value of 52.7 in June, and the initial value of 51.6 in June; the initial value of the composite PMI was 47.5, expected to be 52.4, the final value of June was 52.3, and the initial value of June was 51.2.

　　In terms of European stocks, the 100-stock average price index of the "Financial Times" of the London stock market closed at 7276.37 points, up 5.86 points or 0.08% from the previous trading day.

The CAC40 index of the French Paris stock market closed at 6216.82 points, up 15.71 points or 0.25% from the previous trading day.

Germany's Frankfurt stock market DAX index rose 7.04 points, or 0.05%, to close at 13253.68 points.

　　In terms of oil prices, oil prices in New York fell on the 22nd, and the price of New York light crude oil futures for September delivery fell $1.65 to close at $94.70 a barrel.

　　In terms of gold prices, the most actively traded August gold futures price in the New York Mercantile Exchange gold futures market rose $14 from the previous trading day to close at $1,727.4 an ounce on the 22nd, an increase of 0.82%.

　　The dollar index fell on the 22nd. As of late New York trading, the dollar index, which measures the greenback against six major currencies, fell 0.17% to 106.7300.

(Sino-Singapore Jingwei APP)