At the opening of the US stock market, the Dow Jones Industrial Average rose 0.06%, the S&P 500 rose 0.14%, and the Nasdaq fell 0.07%. Pinduoduo (PDD.O) opened down 21%, and Q2 revenue was lower than expected. JD.com (JD.O) fell 5.4%, and Alibaba (BABA.N) fell 4%. Xpeng Motors (XPEV.N) rose 5.1%. CEO He Xiaopeng increased his holdings in the company and plans to increase his holdings further.
At present, the trend of the big cake has weakened, and it may test the 635 position again. If it falls below, it will look at 625
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