Dow Jones hits all-time high! Amazon's market cap breaks $3 trillion for the first time, oil prices plunge over 5%

Good morning, everyone. The first trading day of August was explosive!

📊 Overnight US Stocks (Closing on Aug 3):

Dow Jones +1.32% at 53,178 (New closing record high!)

Nasdaq +2.13% at 25,913

S&P 500 +1.48% at 7,600

Tech Magnificent Seven partying together:

🔥 Meta +6.02%, Microsoft +4.93%, Google +4.44%

🔥 Amazon +4.58%, market cap breaks $3 trillion for the first time!

📉 Apple -1.78%, the only one among the Magnificent Seven to fall

🛢️ Oil crashes: Trump cancels strike plan against Iran, US-Iran negotiations restart. WTI plunges 5.11% to $80.34, dropping over 7% intraday at one point.

🥇 Gold: Rises 0.31% to close at $4,055, V-shaped reversal after dipping below $4,020 intraday.

🇭🇰 Hong Kong Stocks: Hang Seng Index rises for six consecutive days! Closes at 26,009 points (+0.48%), cumulative gain of 1,046 points. Alibaba surges 7% (new AI model released), Tencent +3.2%. Northbound capital net inflow of 11 billion.

🇨🇳 A-Shares: Closed lower yesterday, opened higher today - ChiNext Index opened up 1.54%, semiconductors and CPO led the gains.

⚠️ But don't get too excited too soon: Trump calls the negotiations a "last chance," Iran denies negotiations. Geopolitical risks have not disappeared.