According to TechFlame, according to Fortune, the price of gold reached a record high due to investors' concerns about President Trump's tariffs, legal disputes over the independence of the Federal Reserve, and weakening consumer spending. S&P 500 futures fell 0.51%, Nasdaq 100 futures fell 0.66%, and Dow Jones futures fell 0.37%. According to the data, about 80% of US companies have passed on tariff costs to consumers, of which 21% have completely transferred them. Consumer spending growth was weak. Actual consumption increased 0.3% month-on-month in July, and the three-month annualized growth rate was only 1.0%, lower than the average of 3.1% in the same period last year. The growth of disposable income has almost stagnated, with a three-month annualized growth rate of 0.2%. On the global market side, STOXX Europe 600 fell 0.65%, the UK FTSE 100 fell 0.32%, Japan's Nikkei 225 rose 0.29%, China's CSI 300 fell 0.74%, South Korea's KOSPI rose 0.94%, and India's Nifty 50 remained flat; the price of Bitcoin rose to $110,600.