Most popular Chinese concept stocks rose, with Kingsoft Cloud surging nearly 12% after its earnings report as Q2 revenue increased by 30.8% year-on-year to a historic high; Li Auto climbed nearly 5%, Trip.com, MINISO, and Tencent Music gained over 3%, while Pinduoduo and KE Holdings rose more than 2%.

At the close of trading in New York on Tuesday, August 25, spot gold rose slightly by 0.21%, settling at $4,662.05 per ounce, showing an overall broad U-shaped trend; during the Asia-Pacific morning trading session, prices initially surged before pulling back, reaching an intraday high of $4,696.83. Spot silver decreased slightly by 0.17%, to $68.82 per ounce. COMEX copper futures increased by 1.53%, to $6.8095 per pound, close to the stage high of $6.96 set on August 6.

According to statistics released by the American Petroleum Institute (API), US API crude oil inventories increased by 4.2 million barrels in the past week, compared to a decrease of 328,000 barrels in the previous week. As a key reference indicator in the crude oil market, changes in the API inventory data often have a corresponding impact on international oil price trends and energy market expectations. This shift from a decrease to an increase in inventories has also attracted significant att

The Dow Jones closed up 0.3%, the Nasdaq rose 0.66%, and the S&P 500 gained 0.32%. Among the most actively traded stocks, Nvidia rose 2.19%, Micron Technology increased 2.48%, SanDisk fell 0.83%, and Tesla gained 0.37%.

WTI crude oil fell below the $80 mark, with intraday losses expanding to 5.4%. Brent crude oil approached the $85 mark to the downside, dropping nearly 6%. According to Russian media, the US and Iran have reached a consensus on the terms of a ceasefire agreement.