U.S. Stock Market Movement Update: ESS Tech plummets 30%, Applied Therapeutics rises 14%, tech stocks generally under pressure

Overview of the US Stock Market The current market shows a clear divergence, with significant volatility in the technology and pharmaceutical sectors. The performance of small-cap stocks and thematic stocks is mixed, and capital flows seem to favor short-term operations, resulting in a relatively active overall pace. Market sentiment shifts between different sectors, with some stocks experiencing large fluctuations, reflecting a dual mindset of caution and opportunity capture among investors. The stock with the largest abnormal movement, ESS Tech, stands out with a decline of 30.12%, as capital appears to take a wait-and-see attitude towards its short-term prospects, leading to a sharp drop in its price. The divergence in market views on its future trend has intensified volatility. Strong stocks: 1. Applied Therapeutics: up 14.44%, with significant capital inflow in the pharmaceutical sector, and investors are optimistic about its R&D progress. 2. American Bitcoin: up 5.91%, with increased activity in the cryptocurrency market driving its price upward. Under pressure stocks: 1. Lulus Fashion Lounge: down 13.31%, with the fashion retail sector under pressure and growing concerns about consumer demand. 2. TNL Mediagene: down 11.68%, with intensified competition in the media industry and significant capital outflow. 3. Red Cat: down 11.63%, with uncertainties in the drone market affecting its stock performance. 4. Quhuo: down 10.77%, with weakened liquidity in the life services sector leading to price pressure