Market Overview - Major US stock indices experienced declines, with the Dow Jones down 1.65%, Nasdaq down 2.29%, and S&P 500 down 1.66% [1] - The tech sector faced significant losses, particularly the "Magnificent Seven" tech stocks, which dropped 2.29% [1] - Notable individual stock movements included Tesla falling over 6%, and Nvidia declining more than 3% following news of a short position by Michael Burry [1][3] Company Performance - Disney's stock plummeted over 7% after reporting fourth-quarter earnings that exceeded analyst expectations for profit but fell short on revenue due to weak performance in its entertainment platform business [2] - In the tech sector, Facebook (Meta) saw a slight increase of 0.14%, while other major companies like Apple, Microsoft, Amazon, and Google experienced declines ranging from 0.19% to 2.89% [3] Chinese Market - The Nasdaq Golden Dragon China Index fell by 1.59%, with individual stocks like Xiaoma Zhixing down nearly 8% and Baidu down over 6% [3] - Alibaba was an exception, rising over 1% amidst the overall downturn in Chinese stocks [3] Commodity and Cryptocurrency Market - Crude oil prices saw slight increases, with WTI crude up 0.19% and Brent crude up 0.29% [4] - Precious metals generally declined, with spot gold down 0.55% [4] - The cryptocurrency market faced significant losses, with Bitcoin dropping over 2% and falling below the $100,000 mark, leading to a total liquidation of approximately $728 million in the past 24 hours [4][5] Federal Reserve Policy - The Federal Reserve's monetary policy remains uncertain, with a recent rate cut of 25 basis points and mixed signals regarding future rate cuts [6] - Boston Fed President Susan Collins indicated that further rate cuts may be challenging, while other members like Stephen Milan advocate for more aggressive cuts [6] - Market expectations show a 60% probability of a 25 basis point cut in December, with a 40% chance of maintaining current rates [7]
美股全线下跌，中概股下挫，小马智行跌近8%，加密货币近20万人爆仓