Data: The market value of the seven giants in the US stock market evaporated by about 580 billion dollars overnight, equivalent to approximately 4.21 trillion yuan

2024-07-18 07:59:43

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ChainCatcher news, according to Jinshi reports, the Nasdaq 100 index fell 2.9% on Wednesday, marking the largest single-day decline since December 2022.

All of the "Seven Giants," which are weighted stocks, declined, with Nvidia (NVDA.O) leading the drop, falling over 6.6%, and Apple (AAPL.O) down 2.5%. The total market value of the "Seven Giants" evaporated by approximately $580 billion (about 4.21 trillion yuan) in a single day.

Goldman Sachs' trading department stated that the S&P 500 index now has only one way to go, which is down, and there will be no buying on dips.

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U.S. stocks seven giants market value

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