Scan the QR code with wechat < / P > < p > to share with friends and circles of friends < / P > < p > on Friday, us time, the main stock indexes of US stocks closed down, led by technology stocks. On the eve of many technology giants' second quarter earnings next week, social media company snap released disappointing results

the Dow Jones index closed at 31899.29, down 137.61 points, or 0.43%; The S & P 500 index closed at 3961.63 points, down 0.93%; The NASDAQ closed at 11834.11, down 1.87%

large tech stocks generally fell, with meta down more than 7%, Google down more than 5%, Amazon, Microsoft and Netflix down more than 1%

leading chip stocks generally fell, with NVIDIA down more than 4%, Intel, AMD and micron down more than 3%

electric vehicle stocks generally fell, Tesla bucked the trend, rose 0.20%, rivian fell 4.83%, and Faraday fell 23.75% in the future; Weilai fell 6.96%, Xiaopeng fell 7.33%, and ideal fell 6.07%. Faraday once fell nearly 37% in the future, triggering a circuit breaker

zhonggai e-commerce stocks generally fell, with Alibaba down 4.30%, jd.com down 3.80% and pinduoduo down 2.54%

other popular Chinese concept stocks generally fell, including boss direct employment down 5.60%, BiliBili down 5.19%, autohome down 5.07%, manbang down 3.94%, baidu down 3.15%, Ctrip down 1.92%, Zhihu down 1.40% < p > specifically, the performance of major technology stocks in U.S. stocks is as follows: < / P > < p > the performance of major chip stocks in U.S. stocks is as follows: < / P > < p > the performance of major Chinese stocks listed in the United States is as follows: < / P > < p > snap's second quarter results were less than expected, resulting in its share price plummeted 39.1%, ending the rise of the NASDAQ index this week, and making investors reconsider whether the stock market has finally found a bottom

Kent engelke, chief economic strategist of Capitol securities management, an asset management company, said on the phone: "snap really puts a lot of pressure on technology and other sectors."

he said that although investors' profit expectations for enterprises have been adjusted, mainly based on inflationary pressures, tightening of the financial environment and worries about recession, "if you really fall short of expectations, your share price will collapse"

at present, investors are focusing on the financial statements that will be released next week by several large technology companies, including Microsoft, meta, apple and Amazon

US economic data remains the focus, as it shows more signs of slowdown, and the market is generally expected that the Federal Reserve will raise interest rates by another 75 basis points next week to combat high inflation < p > < p > on Friday, the s&p global market U.S. flash composite PMI showed that the U.S. service and manufacturing activities in July shrank the most since the COVID-19. At the same time, more than two-thirds of the S & P 500 companies that have announced their earnings have exceeded Wall Street expectations

according to Dow Jones market data, major stock indexes still recorded strong gains this week. The Dow Jones index rose 2% this week and the S & P 500 index rose 2.6%, both of which were the best weekly gains since June 24 this year. This week, the NASDAQ index rose 3.3%

(Liu Chun)