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证券时报·2025-11-18 23:40

Market Overview - The U.S. stock market experienced a decline across all major indices, with the Dow Jones Industrial Average and S&P 500 both falling for the fourth consecutive trading day [1][5][4] - On November 18, the Dow Jones dropped by 1.07% to 46,091.74 points, the S&P 500 fell by 0.83% to 6,617.32 points, and the Nasdaq decreased by 1.21% to 22,432.85 points [5] Sector Performance - Large technology stocks collectively declined, with Amazon down over 4%, Nvidia nearly 3%, and Microsoft over 2% [6] - Energy stocks saw a collective increase, with Occidental Petroleum rising nearly 2% and ExxonMobil and ConocoPhillips both gaining over 1% [7] - Gold stocks generally rose, with AngloGold up over 3% and Barrick Gold increasing by more than 2% [8] Chip Sector Dynamics - Flash memory chip company SanDisk experienced a significant drop, with intraday losses exceeding 10%, although the decline later narrowed [2][10] - The Philadelphia Semiconductor Index fell by 2.31%, with notable declines in companies such as Marvell Technology (down nearly 6%) and Micron Technology (down over 5%) [10] - SanDisk's stock had previously surged over five times in value from less than $50 to a peak above $280 within three months [10][9] Chinese Stocks Performance - Chinese stocks showed mixed results, with the Nasdaq Golden Dragon China Index rising by 0.42% [3] - Individual stocks such as iQIYI and NIO saw gains exceeding 6%, while companies like Canadian Solar and JinkoSolar faced declines of over 6% [3]