News

The S&P 500 Index closed down 0.8% initially, with the technology sector dropping 2.6% on the "U.S. CPI Inflation Data Release Day", the telecommunications sector falling 2.5%, the consumer discretionary sector dropping 1.4%, while the energy, industrial, materials, and utilities sectors all rose by at least 1%, and the real estate sector rose by 2.6%. The NASDAQ 100 Index closed down 2.1% initially, with constituent stocks Tesla plummeting 8.2%, Arm Holdings falling 6.7%, Nvidia dropping 5.4% ranking fourth in terms of decline, Google A falling 2.8%, Apple falling 2%, and Moderna rising 4.7%. Among the Dow Jones Industrial Average components, Intel fell 3.6%, Amazon, Microsoft, and Apple all fell by over 2%, 3M rose 1.7%, and Home Depot rose 2.8%