After the Dow rose nearly 1,000 points the previous day, many economic data were not satisfactory, and the three major indexes retreated sharply on Thursday.
The Dow fell as much as 1,300 points, and it still closed down more than 1,000 points, falling below 33,000 points, the biggest one-day drop in 2020.
Major technology stocks fell sharply, with the Nasdaq dropping nearly 5%.
The Dow closed at 32,997 points, down 1,063 points or 3.12%; the benchmark index closed at 4,146 points, down 153 points or 3.56%; the NASDAQ closed at 12,317 points, down 647 points or 4.99%.
The tech stocks that surged the previous day fell sharply to lower levels, with Apple down 5.57%, Microsoft down 4.36%, Tesla down 8.33%, NVIDIA down 7.33%, Amazon down 7.56%, Alphabet down 4.75%, and Meta down 6.77%.
In addition to the 11 sectors of the benchmark index fell, the 30 Dow component stocks also saw red across the board.
Salesforce fell 7.11%, Nike fell 5.89%, and Home Depot fell 5.14%, which are companies with larger declines.
The Nasdaq Golden Dragon China Index, which reflects the performance of Chinese stocks, fell 8.1%, Pinduoduo fell 11.18%, Alibaba fell 6.68%, and JD.com fell 6%.
US stocks Dow fell up to 1376 points, technology stocks plummeted, Hang Seng index night futures fell 637 points The highest level since the crisis, Didi's voluntary delisting of U.S. stocks, the difficulties really began?
