The Dow Jones closed down 0.2%, the Nasdaq fell 0.28%, and the S&P 500 declined 0.17%. Among the most actively traded stocks, SanDisk rose 7.39%, Micron Technology increased by 2.3%, Nvidia dropped 0.06%, and Tesla gained 0.68%.

The rebound in the South Korean stock market drives a significant increase in margin balances, with analysts expecting new highs.

According to disclosures by the US Securities and Exchange Commission (SEC), H&H International Investment, managed by Duan Yongping, held a total market value of approximately $19.1 billion at the end of Q2, down from about $20.0 billion at the end of Q1. In the second quarter, H&H continued to increase its holdings in Pinduoduo, Berkshire Hathaway Class B shares, and Disney, while establishing a new position in Alibaba. At the same time, it significantly reduced its holdings in Nvidia, Google,

According to the 13F filing submitted by Nvidia (NVDA.US), as of the end of the second quarter, Nvidia held 122.7 million shares of SpaceX, with an equity value of approximately $21 billion, making SpaceX Nvidia's second-largest stock holding after Intel.

South Korea’s stock market rebounds but short selling volume surges as chip outlook remains uncertain