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According to Jinse Finance, the three major U.S. stock indexes closed mixed, with the Nasdaq down 1.46%, the S&P 500 down 0.59%, and the Dow Jones up 0.02%. During the session, the Dow Jones hit a record high. Most large-cap tech stocks declined: AMD fell over 5%, Nvidia dropped more than 3%, Netflix and Meta both fell over 2%, while Tesla, Microsoft, and Amazon were down more than 1%. Apple and Google saw slight declines. Intel surged about 7% after SoftBank Group announced a $2 billion equity investment in the company. Notably, Nvidia recorded its largest single-day drop since April 21.

According to a report by Jinse Finance, Jenny Johnson, CEO of Franklin Templeton, which manages $1.6 trillion in assets, stated at the SALT conference in Jackson Hole, Wyoming, that Bitcoin is a "currency of fear" and, in her view, distracts people from the true potential of blockchain. She believes that the most worthwhile investment direction in the crypto space is blockchain infrastructure, including blockchain networks, consumer applications, and node validators. Johnson anticipates that mutual funds and ETFs will gradually operate on the blockchain in the future, but regulatory risks remain the biggest obstacle to this transformation. She emphasized that for active investment managers, the transparency provided by validators could be a "game changer."