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The selling wave of U.S. technology stocks has intensified

Internet reports that tonight, U.S. stocks fell sharply across the board. As of 22:30 Beijing time, the Dow fell more than 1%, the Nasdaq index fell more than 3%, and the S & P 500 index fell more than 2%. Some analysts said that market concerns about the U.S. economic recession and tariff policies have reversed investors 'risk appetite. The VIX panic index rose by more than 14%, hitting its highest level since December 18 last year. Among them, Tesla plunged more than 9% at the beginning of the session, and its latest share price has been halved from its historical high. On the news front, Wall Street institutions have become increasingly pessimistic about Tesla's prospects, with UBS, JPMorgan Chase, Goldman Sachs and others lowering their target prices. At the same time, U.S. stocks and other large technology stocks also fell across the board, with Apple, Nvidia, Google, and Meta falling more than 4%. It is worth noting that the current trading style of the U.S. stock market is undergoing tremendous changes. Under the dual pressure of U.S. trade policy uncertainty and recession expectations, U.S. stock investors are turning to defensive strategies: selling technology stocks and buying high-dividend stocks. (Broker China)

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