At the close, the Dow fell 623.34 points, or 2.37%, to 25,628.9 points. The Nasdaq fell 239.62 points to 775 1.77 points, a decrease of 3%; The S&P 500 index fell 75.84 points, or 2.59%, to 2847. 1 1.
On the disk, the 16 industry sectors such as energy equipment and services, franchised retail, construction products, shipping, auto parts, semiconductor products and equipment fell by more than 3%; Risk aversion increased, and gold concept stocks rose 4.87% against the trend.
Large US technology stocks also closed down across the board. At the close, Apple fell by 4.62%, Amazon by 3. 1%, Google by 3. 18%, Facebook by 2.36%, Microsoft by 3. 19% and Twitter by 2.77%. Chip concept stocks in technology stocks all plummeted, with Intel down 3.89%, Micron Technology down 4.06%, Qualcomm down 4.7 1% and AMD down 7.4%.
On the 23rd, most Chinese stocks also closed down, with Alibaba down 4.29%, JD.COM down 2.44%, Baidu down 3.4 1%, Weilai down 3.64%, Ctrip.com down 3.54%, Sina down 3.25% and Luckin Coffee down 2. 14%.
The international trade situation is tightening, and the market is worried that the demand for crude oil may be further lowered. NYMEX crude oil futures contract closed down 2.49% at 53.97 USD/barrel on 23rd. After the US stock market plunged, the risk aversion was obvious. COMEX gold futures closed up 1.88% to 1.536.9 USD/oz, rising for seven consecutive weeks. COMEX silver futures closed up 2. 17% to $0/7.55 per ounce, with a weekly increase of 2.5%.
In the news, on August 23rd, the Tariff Commission of the State Council, China issued an announcement to impose tariffs on about $75 billion imported goods originating in the United States, which were divided into two batches, 20 1 September 91June 5438+02: 08,1February 5 12. Previously, in August of 15, the US government announced that it would impose a tariff of 10% on about $300 billion of goods imported from China, which would be implemented in two batches from September of 19 to September of 1 5 and February of 15 respectively.