Eurozone July consumer confidence final -15.9; expected -15.9; prior -15.9.

滬深兩市成交額連續第4個交易日突破2萬億元。

Investors are profit-taking in U.S. tech at record speed: equal-weight Nasdaq-100 has lagged equal-weight S&P 500 by 6.8 percentage points MTD through July, potentially its worst monthly relative performance on record. Equal-weight S&P 500 is up 2.2% MTD and near record highs; equal-weight Nasdaq-100 is down 4.6% MTD and near its lowest since mid‑May. Tech had outperformed for four months prior; in the past 20 years tech’s average has never lagged the S&P 500’s average by more than 5 percentage points.