Sino-Singapore Jingwei Client, September 24, Eastern Time Wednesday, the three major US stock indexes fell sharply. The Dow fell more than 500 points, the Nasdaq fell 3%, and the S&P 500 fell more than 2%.

Major US technology stocks closed down across the board. Apple fell more than 4%, Google fell more than 3%, and Tesla fell more than 10%.

  Time-sharing chart of the three major US stock indexes.

Source: Wind

  As of the close, the Dow Jones Industrial Index fell 525.05 points, or 1.92%, to 26763.13 points; the Nasdaq Index fell 330.65 points, or 3.02%, to 10,632.99 points; the S&P 500 Index fell 78.65 points, or 2.37%, to 3,236.92 points .

According to Reuters, the cooling of US business activities and the stalemate in Congress over more fiscal stimulus measures have exacerbated concerns about the unstable economic recovery.

  Major US technology stocks generally fell. Apple fell 4.19%, Amazon fell 4.13%, Netflix fell 4.19%, Google fell 3.48%, Facebook fell 2.25%, Microsoft fell 3.29%, and Tesla fell 10.34%.

  Most US financial stocks fell. JPMorgan Chase fell 1.62%, Goldman Sachs fell 2.89%, Citigroup fell 3.35%, Morgan Stanley fell 2.55%, Bank of America fell 2.8%, Wells Fargo fell 3.42%, and Berkshire Hathaway fell. 1.76%.

  US energy stocks closed down across the board, Exxon Mobil fell 3.18%, Chevron fell 4.67%, ConocoPhillips fell 4.04%, Schlumberger fell 4.21%, and Occidental Petroleum fell 6.05%.

  Popular Chinese concept stocks fell more and rose less, Alibaba fell 0.83%, JD fell 0.55%, Baidu fell 0.89%; Moxian fell 18.02%, Eggshell Apartments fell 11.54%, Weilai Automobile fell 6.66%, Pinduoduo fell 4.25% , NetEase fell 2.75%; Green Energy Bao rose 1259.22%, Qu Toutiao rose 10%, Red, Yellow and Blue rose 4.96%.

  In terms of individual stocks, the Chinese concept stock Green Energy Bao rose nearly 1260%, triggering a circuit breaker during the session, and once rose more than 4000%.

On the news, the company previously announced the establishment of a wholly-owned subsidiary responsible for the design and development of electric vehicles and charging solutions.

  In terms of European stocks, the three major European stock indexes collectively closed up. The UK FTSE 100 Index reported 5,895.26 points, an increase of 69.80 points, an increase of 1.20%; the French CAC40 index reported 4,802.26 points, an increase of 29.42 points, an increase of 0.62%; the German DAX index reported 12642.97 Points, up 48.58 points, or 0.39%.

  International oil prices rose. WTI November crude oil futures rose by US$0.13, or 0.32%, to US$39.93/barrel.

  International gold prices fell, COMEX December gold futures prices fell 39.2 US dollars to close at 1868.4 US dollars per ounce, a decrease of 2.05%.

  The dollar index rose. As of the end of New York trading, the dollar index, which measures the dollar against six major currencies, rose 0.43% to 94.3914.

(Zhongxin Jingwei APP)

(The opinions in the article are for reference only and do not constitute investment advice. Investment is risky and you need to be cautious when entering the market.