Chinanews Client, September 4th. On September 3, local time, the U.S. stock market opened lower and moved lower. The technology stocks that have led the market since March have collectively sold off. The S&P 500 technology sector plunged 5.8%, ending the daily line. After nine consecutive gains, Tesla fell 9.02%, Apple fell 8.01%, Microsoft fell 6.19%, Google fell 5.12%, Amazon fell 4.63%, and Facebook fell 3.76%.

As of the close, the Dow fell 2.78% to 28292.73 points; the Nasdaq fell 4.96% to 11458.10 points; the S&P 500 index fell 3.51% to 3,455.05 points.