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Daily Market Recap (每日市場回顧) – Aug 21, 2025

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BondWatch Editorial

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U.S. Equities & Treasuries|美股與美債 U.S. equities ended weaker as selling pressure in large-cap technology shares continued. The S&P 500 fell 0.26% to 6,394.97, while the Nasdaq Composite lost 0.68% to 21,170.19, dragged lower by Apple, Alphabet, and Amazon, each down more than 1%. The Dow Jones Industrial Average finished nearly unchanged at 44,923.75. In single-stock developments, Target tumbled after appointing a new......

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