Sing Tao World Wide Web News:U.S. stocks fell sharply on Wednesday. As of the close, the Dow fell 461.68 points, or 1.34%, to 3,402.04 points; the Nasdaq fell 283.64 points, or 1.83%, to 15254.05 points; the S&P 500 index fell 53.96 points, or 1.18%, to 4513.04 points .
Most anti-epidemic stocks fell. Moderna fell nearly 12%, Novavax Pharmaceuticals fell 7.66%, and BioNTech fell nearly 5%. Cruise stocks and airline stocks fell sharply, Royal Caribbean Cruises and American Airlines fell 8%, and United Continental Airlines and Delta Airlines fell more than 7%. Large technology stocks fell across the board. Amazon fell 1.81%, Netflix fell 3.76%, Google fell 0.6%, Facebook fell 4.27%, Apple fell 0.32%, and Microsoft fell 0.15%.
According to a CCTV financial report, Goldman Sachs said that the growth of consumer demand in the past few months has brought some support to the U.S. stock market, but the recent upside is shrinking. In particular, Fed Chairman Powell said that the debt reduction plan may be completed several months in advance. Internally, it will inevitably bring greater volatility to the financial market.
Source: China Economic Net