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On October 7, the three major US stock indexes of Dow, Standard and Pu opened low and went low, and the IT sector where US chip stocks and technology stocks are located suffered a huge decline. It is reported that chip stocks fell by 14%, and technology stocks led by Tesla, Microsoft, Amazon and other leaders also suffered heavy losses, falling 6.32%, 5.09%, 4.77% respectively, and Apple fell 3.67%, evaporating 85.819 billion US dollars (equivalent to 610.688 billion yuan).
This September is not too peaceful for U.S. stocks, in mid-September due to the release of the U.S. consumer price index (CPI) for August, the actual result was significantly higher than the market's expectations, once led to the dollar index, U.S. bond yields straight up, the three major stock indexes of the U.S. stock market jumped low, and many technology leading stocks fell seriously.
At present, the level of inflation in the United States has reached a three- or four-decade high, which has led the Fed to seek relief through aggressive interest rate hikes, which has also caused serious setbacks in the stock market. We will continue to follow up on the latest news.
