The three major U.S. stock indices all closed lower, with the Dow Jones dropping over 780 points, and the Chinese concept stock index falling 1.43%.

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The three major U.S. stock indices all closed lower, with the Dow down 1.61%, the S&P 500 down 0.57%, and the Nasdaq down 0.26%. Large technology stocks had mixed performances, with Microsoft up over 1%, Nvidia, Netflix, Amazon, and Intel slightly higher; Meta fell over 1%, while Apple, Tesla, and Google declined slightly. U.S. cybersecurity stocks strengthened, with Okta up 11%, CrowdStrike up over 4%, and Datadog up over 3%.

The Nasdaq China Golden Dragon Index fell 1.43%. Among its components, Bilibili dropped over 7%, Hillview Mining and Hesai fell over 6%, Tencent Music and Century Internet declined over 4%, Kingsoft Cloud and Miniso fell over 3%; Autohome rose about 5%, Ctrip and Atour Group gained over 2%, BaWang Tea Princess and Lufax Holdings increased over 1%.

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