US stocks fell sharply, Dow fell more than 350 points and apple fell 4.5percent

 US stocks fell sharply, Dow fell more than 350 points and apple fell 4.5percent

Netease technology news on July 24, according to foreign media reports, U.S. time Thursday, the U.S. stock market fell sharply, the Dow Jones index closed at 26652.33 points, down 353.51 points, or 1.31%; the S & P 500 index closed at 3235.66 points, down 1.23%; the Nasdaq composite index closed at 10461.42 points, down 2.29%.

Selling intensified after a technology industry watchdog reported that Apple was facing consumer protection investigations in several states.

Specifically, in U.S. stock trading on Thursday, technology leading stocks generally fell, with Apple shares closing at $371.38, down 4.55%; Googles parent company alphabet, down 3.37%; Amazon, at $2986.55, down 3.66%; Microsoft, at $202.54, down 4.35%; Facebook, at $232.60, down 3.03%; Oracle, at $55.76, down 0.35% 45%; IBM closed at $127.33, down 1.04%; Netflix closed at $477.58, down 2.50%; Tesla closed at $1513.07, down 4.98%; twitter rose 4.06%, Uber fell 1.50%; LYFT rose 0.06%.

The leading chip stocks in the US stock market generally fell, with Intel closing at US $60.40, down 1.06%, NVIDIA closing at US $405.19, down 2.96%, Broadcom closing at US $309.67, down 1.32%, Texas Instruments closing at US $129.04, down 2.63%, Qualcomm closing at US $89.67, down 3.16%, amd closing at US $59.57, down 3.59%, micron technology up 1.92% and applied materials company down 0.92%.

Major Chinese stocks listed in the United States generally fell, with Alibaba closing at US $251.88, up 0.07%; Jingdong closing at US $60.52, down 2.13%; Baidu closing at US $121.10, down 1.34%; pinduoduo closing at US $79.05, down 2.12%; bilibilibili closing at US $41.00, down 3.10%; tal closing at US $74.31, down 5.11%; iqiyi closing at US $21.18, down 5.99% It closed at $82.36, down 1.69%; Weibo closed at $33.33, down 1.62%; Sina fell 1.49%; Sohu fell 4.24%; Sogou fell 0.42%; Ctrip fell 1.65%; 51job fell 2.25%; car home fell 5.32%; 58 intra city fell 0.02%; Weilai fell 1.86%; Jinshan cloud fell 3.59%.

Microsoft reported that its cloud computing business, azure, grew 47% in the last quarter, with an increase of less than 50% for the first time in history. Affected by the news, Microsoft shares fell 4.3%.

Tesla has been profitable for four consecutive quarters, making it a component of the S & P 500 index. However, the shares fell 5.0% as analysts questioned whether the electric car makers share price matched its performance.

Twitter shares rose 4.1% after the company announced a record annual growth in its daily active users.

The U.S. Labor Department said the number of first-time U.S. jobless claims rose unexpectedly to 1.416 million last week. This figure does not include recipients of unemployment assistance for the new pandemic. The plan will expire on July 31.

The U.S. Congress has been trying to continue to pass a new fiscal stimulus before that deadline, and Senate Republicans have announced that they can submit their version of the bill to Democrats as early as this week.

According to Reuters statistics novel coronavirus pneumonia cases were broken through 4 million cases in the United States on Thursday. The average number of new cases confirmed by the hour was nearly 2600. (Liu Chun)

Source: Qiao JunJing, editor in charge of Netease science and Technology Report_ NBJ11279