The Dow Jones opened up 0.54%, the Nasdaq fell 0.43%, and the S&P 500 dropped 0.24%. Leading tech stocks: Super Micro Computer declined 5.65%, Intel fell 5.51%, and Qualcomm decreased 3.03%. The Nasdaq Golden Dragon China Index rose 0.43%, with NetEase up 2.73% and JD.com up 2.16%.

Nymex US crude oil futures main contract drops 1.01% intraday, trading at $83.61 per barrel.

Microsoft surges over 8% in after-hours trading as Q4 results beat expectations and capital spending comes in below forecasts; Meta plunges over 7% despite Q2 revenue surpassing expectations, as AI investment concerns and weak Q3 guidance persist; Qualcomm drops over 4% after raising product prices and issuing weak performance guidance; Arm falls nearly 6% as revenue guidance misses the most optimistic forecasts; memory sector stocks continue to slide, with Micron, SanDisk, and SK Hynix all dow

Spot gold has just surpassed the $4,080.00/ounce mark, currently quoted at $4,079.96/ounce, up 0.34% on the day; COMEX gold futures are now quoted at $4,138.30/ounce, up 1.01% on the day.

Samsung Electronics Q2 sales reached 171.5 trillion KRW, up 28.11% year-on-year; operating profit was 89.49 trillion KRW, up 56.37% year-on-year; net profit was 71.27 trillion KRW, up 51.31% year-on-year.