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US equities on Wednesday, July 1: Dow Jones Industrial Average closed down 12.98 points, or 0.02%, at 52,306.22; S&P 500 closed down 15.97 points, or 0.21%, at 7,483.39; Nasdaq Composite closed down 173.69 points, or 0.66%, at 26,040.03.

2026-07-02

US equities on Wednesday, July 1: Dow Jones Industrial Average closed down 12.98 points, or 0.02%, at 52,306.22; S&P 500 closed down 15.97 points, or 0.21%, at 7,483.39; Nasdaq Composite closed down 173.69 points, or 0.66%, at 26,040.03.

Other News
2026-07-02

1. The mandatory national standard "Safety Requirements for Integrated Driving Assistance Systems of Intelligent Connected Vehicles" has been officially released. 2. Micron Technology and General Motors signed an agreement to secure long-term memory

1. The mandatory national standard "Safety Requirements for Integrated Driving Assistance Systems of Intelligent Connected Vehicles" has been officially released. 2. Micron Technology and General Motors signed an agreement to secure long-term memory and storage supply. 3. Millions of Tesla HW3s have received the FSD V14 update; will Chinese models receive a simultaneous upgrade? Official customer service: Currently, only models with AI4 hardware are compatible. 4. BYD Energy Storage signed a contract for Poland's largest energy storage project. 5. Hybrid vehicles are gaining popularity, but Detroit automakers may miss a significant opportunity. 6. Shenzhen refutes rumors of "fully open driverless taxis": Deployment scale will be strictly controlled. 7. Leapmotor: Chairman and shareholders collectively increased their holdings by 4.8142 million H shares. 8. BYD: June new energy vehicle sales reached 403,500 units, a year-on-year increase of 5.46%. 9. SAIC Motor: June vehicle production reached 383,600 units, a year-on-year increase of 12.57%. 10. Geely Automobile: June vehicle sales reached 240,800 units, a year-on-year increase of 2%. 11. Seres: June total sales reached 36,194 units, a year-on-year decrease of 28.10%. 12. Changan Automobile delivered 456,000 new energy vehicles in the first half of the year, a year-on-year increase of 5.2%.
2026-07-02

MOFCOM said at a regular briefing that during Minister Wang Wentao’s UK visit MOFCOM and the UK Department for International Trade held an "Export China" UK session where firms held targeted B2B talks covering autos, energy and chemicals, instruments

MOFCOM said at a regular briefing that during Minister Wang Wentao’s UK visit MOFCOM and the UK Department for International Trade held an "Export China" UK session where firms held targeted B2B talks covering autos, energy and chemicals, instruments, sports events and life sciences. It said China‑UK services trade exceeded $30bn in 2025 and that China is willing to speed up a joint feasibility study on a China‑UK services trade agreement to create conditions for deeper services cooperation.
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