The three major U.S. stock indexes closed down across the board, the Dow plunged more than 2,000 points

China-Singapore Jingwei Client, March 10th, US stocks closed on Monday, Eastern time, the three major stock indexes closed down more than 7%, the Dow fell more than 2,000 points a day, the largest single-day drop since 2008. The S & P 500 index plunged 7% shortly after the market opened, triggering the first layer of fusing mechanism and suspending trading for 15 minutes. This is the second time in the history of US stocks to trigger a fusing mechanism.

Timeshare chart of the three major US stock indexes. Source: Wind

As of the close, the Dow closed down 2013.76 points, or 7.79%, to 23851.02 points; the Nasdaq fell 624.94 points, or 7.29%, to 7509.68 points; the S & P 500 index fell 225.81 points, or 7.60%, to 2746.56 points.

In terms of sub-sectors, large U.S. technology stocks fell across the board. Apple fell 7.91%, Amazon fell 5.29%, Nai Fei fell 6.09%, Google fell 6.17%, Facebook fell 6.4%, and Microsoft fell 6.78%.

U.S. energy stocks fell sharply, with Exxon Mobil down 12.22%, Chevron down 15.37%, ConocoPhillips down 24.86%, Schlumberger down 27.46%, and EOG Energy down 32.01%.

U.S. financial stocks were lower across the board, JPMorgan Chase fell 13.69%, Goldman Sachs fell 10.35%, Citigroup fell 16.19%, Morgan Stanley fell 10.92%, Bank of America fell 15.56%, Wells Fargo fell 12.46%, and Berkshire Hathaway fell 5.74%.

Popular Chinese stocks fell across the board, Alibaba fell 3.45%, JD.com fell 5.34%, Baidu fell 6.23%, Weibo fell 5.27%, Pinduoduo fell 0.68%, Weilai Automobile fell 7.04%, and NetEase fell 4.45%.

In terms of European stocks, the Frankfurt stock market ’s DAX index on the 9th fell 916.85 points, a drop of 7.94%, to close at 10625.02 points; the London Stock Market's "Financial Times" average price index of 100 stocks closed on the 9th to 5765.77 points, which was higher than the previous trading day It fell 496.78 points, or 7.69%; the Paris CAC40 index closed at 4,79.91 points on the 9th, down 431.20 points, or 8.39%, from the previous trading day.

Oil prices in New York fell, and WTI April crude oil futures closed down 10.15 US dollars, a decline of 24.59%, to 31.13 US dollars per barrel, the largest one-day drop since 1991.

The international gold price rose, and the most active April gold futures price on the New York Mercantile Exchange gold futures market increased by $ 3.3 on the 9th from the previous trading day to close at $ 1675.7 per ounce, an increase of 0.19%.

The US dollar index fell sharply on the 9th. As of late trading in the New York currency market, the US dollar index, which measures the dollar against six major currencies, fell by 1.09% to 94.9143. (Zhongxin Jingwei APP)