In the early morning of the 10th Beijing time, U.S. stocks fell sharply on Monday. The Dow fell more than 650 points, the S & P 500 index fell below 4000 points, and the NASDAQ plunged 4.29%. The market is worried that the aggressive tightening of the Federal Reserve may lead to an economic recession. Crude oil fell sharply. Safe haven demand pushed the dollar higher. The yield of US bonds rose sharply, and the yield of 10-year US bonds once exceeded 3.2%.
The Dow fell 653.67 points, or 1.99%, to 32245.70; The NASDAQ fell 521.41 points, or 4.29%, to 11623.25; The S & P 500 index fell 132.10 points, or 3.20%, to 3991.24.
Popular Chinese concept stocks closed down sharply on Monday. NASDAQ (11623.2484, - 521.41, - 4.29%) China Jinlong index closed down 7.79%.
Blockchain concept stocks fell sharply, Jianan Technology (3.06, - 1.04, - 25.37%) fell more than 25%, China network carrier line (0.3299, - 0.08, - 19.54%) fell more than 19%, and bitmining fell more than 18%; New Oriental (10.2, - 2.00, - 16.39%), Faraday's future fell by more than 16%, shuidi company fell by more than 15%, Netease (84.52, - 3.89, - 4.40%), Youdao, dada group, phoenix new media (0.4402, - 0.07, - 13.69%), ninth City (1.63, - 0.25, - 13.30%), temple and warehouse fell by more than 12%, joint education fell by more than 11%, iqiyi (2.86, - 0.35, - 10.90%), boss direct employment and gaotu fell by nearly 11%, Xiaopeng automobile Tiger securities (3.29, - 0.39, - 10.60%), jinshanyun (3.03, - 0.36, - 10.62%), tuniu (0.52, - 0.06, - 10.38%), Youxin (0.5919, - 0.07, - 10.59%), mushroom Street fell more than 10%, BiliBili (18.8, - 2.05, - 9.83%), graffiti intelligence fell nearly 10%, Weilai (13.55, - 1.37, - 9.18%) automobile, ideal (18.9, - 2.02, - 9.66%) automobile fell more than 9%, and maverick electric fell nearly 9%, Baidu (106.62, - 10.14, - 8.68%), JD (51.04, - 4.57, - 8.22%), pinduoduo (34.95, - 3.24, - 8.48%), Huya (3.34, - 0.32, - 8.74%), douyu (1.43, - 0.13, - 8.33%), Wuxin (1.71, - 0.15, - 8.06%) technology, Lujin holdings, Weimei holography (1.72, - 0.15, - 8.02%) fell by more than 8%, Ruixing fandan and manbang fell by nearly 8%, shell and Ctrip fell by more than 7%, and interesting headlines fell by 7%, Mingchuangyou products fell by nearly 7%, Zhongtong, monster charging, 51talk, Xunlei (1.21, - 0.08, - 6.20%) fell by more than 6%, Sohu (13.32, - 0.82, - 5.80%), Kaixin automobile fell by nearly 6%, Alibaba (84.84, - 5.21, - 5.79%) Baba, Tencent music (3.8, - 0.22, - 5.47%), auto home (25.35, - 1.48, - 5.52%), vipshop (6.97, - 0.39, - 5.30%), Zhihu and everything new fell by more than 5%, Netease, huanju group Leju (0.4217, - 0.02, - 4.16%) fell by more than 4%, yunmi (1.46, - 0.04, - 2.99%) technology fell by nearly 3%, daily Youxian, Baishi (0.3911, - 0.01, - 2.20%) group, 36 krypton (0.773, - 0.02, - 2.16%) fell by more than 2%, and Renren (28.01, - 0.34, - 1.20%) fell by more than 1%.
Lanting (1.21, 0.03, 2.11%) rose by more than 2% and dingdong (4.06, 0.07, 1.75%) rose by more than 1%.
U.S. stocks fell sharply on Monday, with the Dow down more than 650 points, the S & P 500 index falling below 4000 points and the NASDAQ plunging 4.29%. The market is worried that the aggressive tightening of the Federal Reserve may lead to an economic recession.