Titanium Media App reported on May 10 that the three major U.S. stock indexes closed sharply lower, with the Dow down 1.99%, the Nasdaq down 4.29%, and the S&P 500 down 3.2%. Oil and gas, banking, semiconductor and Internet technology sectors fell collectively. Apple fell 3.32%, Microsoft fell 3.7%, Amazon fell 5.2%; Nvidia fell more than 9%, TSMC fell 4.65%; Visa fell 4.8%, JP Morgan fell 1.5%, Exxon Mobil fell more than 7.8%. Most of the new energy vehicle sectors weakened, Tesla fell more than 9%, and Rivian fell more than 20%. Airline stocks fell across the board, with Boeing down 10.48% and American Airlines down 8.52%. China concept stocks fell sharply, New Oriental fell by more than 16%, Shuidi fell by more than 15%, Ninth City fell by 13%, iQiyi fell by 10%, Station B fell by 9.8%, and Ideal Auto fell by 9.66%.
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