21世纪经济报道·2026-02-12 23:09Market Overview - The US stock market experienced a significant decline, with the Dow Jones falling by 1.34%, the S&P 500 down by 1.57%, and the Nasdaq dropping by 2.03% [1][2]. Technology Sector - Major technology stocks saw a collective downturn, with Cisco leading the decline, plummeting over 13% due to rising memory prices impacting its performance, resulting in a quarterly gross margin below expectations. Other notable declines included Apple down 5%, Facebook nearly 3%, and Tesla and Amazon both down over 2% [2]. Semiconductor Industry - The semiconductor sector faced widespread losses, with the Philadelphia Semiconductor Index decreasing by 2.5%. Key players like Micron Technology fell nearly 4%, while Intel, AMD, and Broadcom dropped over 3% [2]. Banking Sector - Bank stocks also fell sharply, with JPMorgan Chase down over 2%, Goldman Sachs declining by more than 4%, Citigroup down over 5%, and Morgan Stanley nearly 5% [2]. Energy Sector - Energy stocks collectively declined, with ExxonMobil down nearly 3%, Chevron down nearly 2%, and Occidental Petroleum dropping over 3% [2]. Chinese Stocks - Chinese stocks listed in the US saw a general decline, with the Nasdaq Golden Dragon China Index down 3%. Individual stocks like Tencent Music and Huya fell over 10%, while Beike dropped nearly 6% [3]. Precious Metals - Precious metals experienced a significant drop, with spot gold falling below $5000, closing at $4920.97 per ounce, and spot silver declining over 10% to $75.3 per ounce [3]. Oil Prices - International oil prices also fell, with WTI crude oil futures down 2.77% to $62.84 per barrel, and Brent crude oil futures down 2.71% to $67.52 per barrel [5]. Cryptocurrency Market - The cryptocurrency market saw major declines, with Bitcoin dropping nearly 3% to $65,820.2, and over 110,000 traders liquidated positions in the past 24 hours [6]. Federal Reserve Outlook - According to the latest data, the probability of a 25 basis point rate cut by the Federal Reserve by March is 7.8%, while the probability of maintaining the current rate is 92.2%. By June, the probability of a cumulative 25 basis point cut rises to 49.9% [6].