【Dow Jones Soars to New Historical High! Oracle Plummets 11% Overnight, Internal Differentiation Intensifies in Tech Stocks】
On Thursday, the U.S. stock market witnessed a historic moment again—the Dow Jones Index closed up 1.34%, setting a new historical high. However, the market was not entirely jubilant, as there was significant differentiation within tech stocks. The software giant Oracle, in particular, faced a sharp decline, while the Nasdaq Index fell against the trend.
📈 Dow Hits Record, Cyclical Stocks Lead
The Dow strongly broke through previous highs driven by traditional sectors like finance and industry, indicating that funds are shifting from overvalued tech stocks to cyclical sectors more closely related to economic recovery. The differences in market sensitivity to interest rates are triggering a new round of style rotations.
📉 Tech Stocks Weaken Against the Trend, Oracle Plummets Over 10%
Tech stocks became the main drag today:
Database giant Oracle plummeted 10.8%, possibly due to concerns about earnings expectations or cloud business growth;
Chip stocks showed mixed performance, with Intel down 3% and Nvidia down 1.5%;
The Nasdaq Golden Dragon China Index slightly dipped, with Alibaba falling 1%.
🔍 Market Logic: From "Growth Narrative" to "Value Reassessment"
The current market exhibits a clear characteristic of "high-level gear shifting": on one hand, expectations of a soft landing for the economy are benefiting traditional sectors; on the other hand, some tech stocks are showing valuation pressure after continuous rises, prompting funds to take profits.
As the Dow reaches a new high amidst cheers, the Nasdaq quietly adjusts— the balance of the market is subtly shifting. Thank you for liking and following. $BTC $ETH $SOL #美SEC推动加密创新监管
Answer: 666