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Event ends: August 9, 16:00 UTC
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First time in history! The "No. 3" figure in the United States was deposed, and the Big Six evaporated 1.36 trillion overnight
On Tuesday, October 3rd, Eastern Time, amid poor economic data and rising expectations for interest rate hikes, U.S. bond yields soared and U.S. stocks collectively plummeted, with the Dow Jones Industrial Average falling 430 points, erasing its gains for the year.
On the news, the U.S. House of Representatives removed House Speaker McCarthy from office, the latest response from the White House!
US stocks fell sharply, and technology stocks fell collectively. Amazon fell 3.66%, $Tesla$ fell 2.02%, Microsoft fell 2.61%, META fell 1.92%, Google C fell 1.38%, Apple fell 0.78%, and the market value of the six giants fell overnight. A total of approximately US$186.7 billion (approximately 1.36 trillion yuan) was evaporated.
The world's pharmaceutical giant made an acquisition, and cancer therapy developer Point Biopharma bucked the trend and soared nearly 85%!