laitimes

2024.08.02 Stock Market Closing Comment: Pharmaceuticals rose, technology fell sharply, and A-shares opened low and fell across the board

U.s.

U.S. stocks fell sharply across the board overnight, with the Dow down 1.21%, the Nasdaq down 2.30%, and the S&P 500 down 1.37%.

The United States ISM manufacturing index contracted for the fourth consecutive month, and the number of initial jobless claims in the United States surged last week, renewing fears of a recession in the United States.

Chip stocks collectively fell hard. Nvidia plunged 6.67%, ARM plunged nearly 16%, and Intel plunged 5.5%, plunging nearly 19% after hours.

2024.08.02 Stock Market Closing Comment: Pharmaceuticals rose, technology fell sharply, and A-shares opened low and fell across the board

A shares

Big A today again resumed the weak downward trend, the whole day low open low, no ability to resist, in addition to the pharmaceutical sector against the market rose more, breeding, gold and other safe-haven varieties slightly performance; The technology stocks represented by AI and chips fell sharply.

As of the close, the Shanghai Composite Index closed at 2905.34 points, down 0.92%, and 2900 points are about to break again; The Shenzhen Component Index closed at 8553.55 points, down 1.38%; The GEM index closed at 1638.30 points, down 1.66%.

More than 4,000 stocks in the two cities fell, and the decline rate exceeded eighty percent.

The total turnover of the two cities was 722.4 billion yuan, a significant decrease of 59.8 billion yuan from the previous trading day, and the shrinkage fell, and the buyer power dried up.

2024.08.02 Stock Market Closing Comment: Pharmaceuticals rose, technology fell sharply, and A-shares opened low and fell across the board

Hong Kong stocks

Hong Kong stocks fell sharply again today, it is the periphery of the fall it is also with, the big A fall it is also with, every fall must follow, and follow the big...

At the close, the Hang Seng Index fell 2.08% and the Hang Seng Tech Index plunged 2.62%. Consumer discretionary, technology, materials and other sectors were among the top decliners.

Southbound funds also began to retreat in the afternoon, with a cumulative net outflow of 1.896 billion yuan throughout the day.

2024.08.02 Stock Market Closing Comment: Pharmaceuticals rose, technology fell sharply, and A-shares opened low and fell across the board

Sector performance

Today, the pharmaceutical sector rose against the market, and safe-haven sectors such as aquaculture and gold performed better.

2024.08.02 Stock Market Closing Comment: Pharmaceuticals rose, technology fell sharply, and A-shares opened low and fell across the board

The technology sector represented by AI and semiconductors fell sharply, while the automobile, brokerage, nonferrous metals and other sectors also performed poorly and fell sharply.

2024.08.02 Stock Market Closing Comment: Pharmaceuticals rose, technology fell sharply, and A-shares opened low and fell across the board

Reviews

The big A is still the big A, the weak one is stable. This is really "Big A makes money and Big A spends, and I want to take it home". Not to mention taking it home, everything in the house has been emptied.

Therefore, recently, we have asked everyone to watch more of the Olympics and less of the big A, and try not to participate in garbage time, which not only makes no money, but also affects emotions.

There are no substantial changes in the disk, and there are no substantial benefits inside and outside, and some are just long-term expectations that have not been met. . .

It is not the flowers of the world, and it is slowly cooked. Yin a cup of tea.

Forget what day it started, and the world doesn't look like it used to be. I walked into the crowd, but I still missed those old days.

"When you read, you read, and your heart is not focused on seeing guests; When you see a guest, you see a guest, and your heart is not focused on reading. Things come to conform, and the future is not welcome; At that time, it was not mixed, and it was not in love. ”

"A thought is quiet, and lotus flowers bloom everywhere."

It is not easy to create, and liking and following are the greatest encouragement and recognition for the author, thank you for your attention!

Read on