The three major U.S. stock indexes all closed down more than 5%, and the Nasdaq entered a technical bear market."
Internet reports that the three major U.S. stock indexes closed down sharply. The S & P 500 index fell 5.97%, the largest one-day decline since March 2020; this week closed down 9.1%, the largest weekly decline since March 2020. The Nasdaq index fell 5.82%, more than 20% lower than its historical closing record, confirming that it has entered a technical bear market range. The Dow fell 5.50%, closing more than 10% below its record close, confirming that it has entered the correction range. The three major U.S. stock indexes all recorded the largest two-day decline since March 2020 and the largest weekly percentage decline since March 2020. In terms of hot stocks, Tesla closed down more than 10% today, Boeing fell more than 9%, NVIDIA and Apple fell more than 7%, Netflix and Oracle fell more than 6%, Amazon fell more than 4%, and Microsoft and Google fell more than 3%.
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