Chinese Stock Indices Fall on July 16; ChiNext Drops 2.95%, U.S. Nasdaq Falls 1.47%

NDAQ-2.75%
DOW1.75%
According to Jin10 data, Chinese stock indices fell on July 16, with Shanghai Composite declining 1.85% to 3,882.41 points, Shenzhen Component dropping 1.97% to 14,488.65 points, and ChiNext Index tumbling 2.95% to 3,692.46 points. China's Science and Technology 50 Index led losses with a 4.02% decline to 1,846.88 points. In the U.S., major indices also retreated, with Nasdaq Composite falling 1.47% to 25,881.95 points, S&P 500 sliding 0.51% to 7,533.86 points, and Dow Jones Index down 0.20% to 52,553.50 points.
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