Xin Lang Cai Jing·2025-11-21 00:21Core Viewpoint - The U.S. stock market experienced significant volatility, with major indices closing sharply lower, primarily driven by declines in the technology sector and a rise in the VIX to a seven-month high [1] Group 1: Market Performance - The three major U.S. stock indices saw substantial declines, with the Dow Jones down 0.84% to 45,752.26 points, the S&P 500 down 1.56% to 6,538.76 points, and the Nasdaq down 2.16% to 22,078.05 points, all closing near their intraday lows [1] - The technology sector was the primary laggard, with all seven major tech companies experiencing losses [1] Group 2: Technology Sector - The "Seven Giants" of technology all closed lower, with Nvidia down 3.15%, Amazon down 2.49%, Tesla down 2.17%, Microsoft down 1.6%, Alphabet down 1.15%, Apple down 0.86%, and Meta down 0.20% [1] Group 3: Economic Indicators - The September non-farm payrolls exceeded expectations, while the unemployment rate rose to 4.4% [1]