The three major U.S. stock indexes plunged across the board, and chips and semiconductors were sold off; SK Hynix fell by more than 13%, and San Disk fell by more than 12%; Space X's closing price was lower than the IPO price
In the early morning of July 17, Beijing time, the three major U.S. stock indexes collectively fell. The Dow Jones Industrial Average closed at 52552.97 points, down 0.20%; the Nasdaq closed at 25881.95 points, down 1.47%; the S&P 500 closed at 7533.77 points, down 0.51%. The chip and semiconductor sectors were among the top losers, with the Philadelphia Semiconductor Index falling 4.29%.
In the early morning of July 17, Beijing time, the three major U.S. stock indexes collectively fell. The Dow Jones Industrial Average closed at 52552.97 points, down 0.20%; the Nasdaq closed at 25881.95 points, down 1.47%; the S&P 500 closed at 7533.77 points, down 0.51%. The chip and semiconductor sectors were among the top losers, with the Philadelphia Semiconductor Index falling 4.29%. SK Hynix fell 13.69%, SanDisk fell 12.63%, Seagate Technology fell 10.00%, Western Digital fell 9.15%, Intel fell 5.84%, Micron Technology fell 5.65%, and AMD Semiconductor fell 5.33%. Wind's US Big Seven Technology Index fell 1.31%. In terms of individual stocks, Google fell 4.43%, Facebook fell 2.46%, Nvidia fell 2.40%, Amazon fell 1.99%, Tesla fell 0.86%; Microsoft rose 1.38%, and Apple rose 1.76%. SpaceX fell 3.08% to a closing price of $131.11 per share, which was lower than the IPO issue price ($135 per share) for the first time. The Nasdaq China Golden Dragon Index rose 1.79%, and the Wind China Concept Technology Leading Stock Index rose 0.83%. Xiaomi Group - ADR rose 5.68%, BYD Group - ADR rose 3.16%, Meituan - ADR rose 3.03%, JD Group, Baidu Group, and Pinduoduo all rose more than 1%. (