Local time on April 4, the US stock market experienced another brutal day, with all three major indexes plummeting. Among them, the S&P 500 index closed down by 6%. The Nasdaq Composite Index, which has a higher proportion of technology stocks, fell by 5.8%. The Dow Jones Industrial Average fell more than 2,200 points, with a decline of about 5.5%.
Currently, the Nasdaq index has fallen 22% from its high point in December last year, and the Nasdaq Composite Index has entered a bear market (i.e., it has fallen more than 20% from its high point). The Standard & Poor's index has fallen about 17% from its high point in February this year.
After April 2, the three major indexes of US stocks plummeted sharply.
In addition, the Russell 2000 Index, which tracks the stocks of small US companies, fell by 4%.
On April 4, Tesla fell by 10.4%, agricultural equipment giant Caterpillar fell by 5.8%, and Nvidia fell by 7.4%.
Chevron, Boeing, and 3M were the largest individual decliners on the Dow Jones, with declines exceeding 8%. Apple, Visa, JPMorgan Chase, and Goldman Sachs fell by more than 7% each.
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Source: https://www.toutiao.com/article/7489607208238547519/
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