Market Overview - The US stock market faced pressure with all three major indices closing lower: Nasdaq down 1.57%, S&P 500 down 0.99%, and Dow Jones down 0.23% [1] - Technology stocks were the primary drag on the market, with Meta's stock dropping 11.33%, marking its largest decline in three years, and Microsoft's stock falling 2.92% due to investor concerns over rising expenditures in the AI sector [1] Semiconductor Sector - The semiconductor sector also experienced a downturn, with the Philadelphia Semiconductor Index falling 1.53%, where 22 out of 30 component stocks declined [2] - Notable declines included AMD down 3.59%, Broadcom down 2.46%, and Nvidia down 2%, with Nvidia's market capitalization dropping below $500 billion [2] Economic Concerns - There is ongoing debate regarding the US economic fundamentals and policy direction, with Goldman Sachs CEO David Solomon warning of "clearing" risks if economic growth does not accelerate amid rising debt levels [3] - Solomon emphasized that the core solution to the economic predicament lies in growth, despite a low probability of an imminent recession [3] Criticism of Federal Reserve - US Treasury Secretary Scott Bessenet criticized the Federal Reserve for its cautious stance and outdated practices, suggesting a need for comprehensive reform [4] - Bessenet expressed dissatisfaction with the Fed's inflation predictions and its GDP and inflation forecasts, which he deemed consistently inaccurate [4] Leadership Changes in Federal Reserve - Bessenet announced plans to conduct a second round of interviews for candidates to succeed Fed Chair Jerome Powell, aiming for a new leader who can reshape the Fed's internal processes and operations [5]
深夜大跳水!暴跌 11%,创三年来最大跌幅