The three major U.S. stock indexes opened lower and closed lower, with the Dow initially closing down about 1700 points."
Internet reports that the three major U.S. stock indexes opened lower and closed lower. The Dow initially closed down about 1700 points, the S & P 500 index fell 4.8%, and the Nasdaq index fell nearly 6%. Technology stocks fell sharply, with Apple (AAPL.O) down 9%, wiping about US$300 billion in market value. Amazon (AMZN.O) and NVIDIA (NVDA.O) down 8.9% and 7.8% respectively. Intel (INTC.O) bucked the market and rose 2%. The Nasdaq China Golden Dragon Index fell 1.9%.
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