Today, the U.S. stock market opened with a mixed performance. Tech stocks showed strong performance, driving the Nasdaq Composite Index to rise by 0.5%, while the S&P 500 Index also edged up by 0.24%. Meanwhile, the Dow Jones Industrial Average remained nearly stable.



However, pharmaceutical industry giants are facing challenges. Danish pharmaceutical company Novo Nordisk's stock price plummeted by 21% after the company lowered its sales growth and profit expectations for 2025. American pharmaceutical giant Merck also did not escape unscathed, with its stock price falling by 5.4%, as the company simultaneously announced a layoff plan.

In contrast, aerospace manufacturing giant Boeing has delivered good news, with its second-quarter performance exceeding market expectations, driving a 1.5% pump in its stock price.

It is worth noting that the Nasdaq Golden Dragon China Index, which represents the performance of Chinese concept stocks, has risen by 0.7%, indicating that investors maintain confidence in Chinese-related stocks.

The differentiation in stock market performance reflects the current complex economic environment. On one hand, the technology sector continues to show strong growth momentum; on the other hand, traditional industries, especially the pharmaceutical industry, are facing the dual challenges of slowing growth and cost pressures. Investors need to closely monitor the specific trends in each industry and formulate investment strategies with caution.
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Share
Comment
0/400
BearMarketBuildervip
· 4h ago
Can tech stocks still soar?
View OriginalReply0
PebbleHandervip
· 21h ago
Market players need to be cautious.
View OriginalReply0
MevTearsvip
· 07-29 14:52
Technology stocks are the way to go.
View OriginalReply0
ValidatorVikingvip
· 07-29 14:51
Tech stocks are stable before proceeding.
View OriginalReply0
AirdropNinjavip
· 07-29 14:48
To be honest, technology is forever a god.
View OriginalReply0
SmartMoneyWalletvip
· 07-29 14:43
Tech stocks continue to lead as always.
View OriginalReply0
DegenDreamervip
· 07-29 14:42
bull run also diverges
View OriginalReply0
RiddleMastervip
· 07-29 14:33
Technology stocks are really attractive.
View OriginalReply0
PanicSellervip
· 07-29 14:25
I said long ago that tech stocks had stabilized.
View OriginalReply0
View More
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)