BTC $78,957.49 +0.47%
ETH $2,494.71 +0.96%
BNB $751.46 +0.27%
XRP $1.43 +3.02%
SOL $104.11 +1.14%
TRX $0.3385 +0.32%
DOGE $0.0901 +0.65%
ADA $0.2190 +0.72%
BCH $258.45 +0.17%
LINK $12.49 -1.35%
HYPE $86.01 +2.13%
AAVE $129.07 -1.79%
SUI $0.8124 -0.81%
XLM $0.1890 -0.63%
ZEC $1,224.75 +7.92%
BTC $78,957.49 +0.47%
ETH $2,494.71 +0.96%
BNB $751.46 +0.27%
XRP $1.43 +3.02%
SOL $104.11 +1.14%
TRX $0.3385 +0.32%
DOGE $0.0901 +0.65%
ADA $0.2190 +0.72%
BCH $258.45 +0.17%
LINK $12.49 -1.35%
HYPE $86.01 +2.13%
AAVE $129.07 -1.79%
SUI $0.8124 -0.81%
XLM $0.1890 -0.63%
ZEC $1,224.75 +7.92%

Data: The market value of the seven tech giants in the US stock market evaporated by nearly 600 billion dollars overnight, approximately 4.35 trillion yuan

2024-07-12 09:26:24

ChainCatcher news, according to Jinshi reports, after the positive U.S. CPI data, traders chose to withdraw from the recently strong-performing tech giants. The heavyweight stock Nvidia fell by 5.57%, Tesla dropped by 8.44%, Meta declined by over 4%, and Apple, Microsoft, Google, and Amazon each fell by more than 2%. In contrast, the Russell 2000 index, which is mainly composed of small-cap stocks, rose by over 3.5%. The total market value of the "Big Seven" tech companies in the U.S. stock market evaporated by nearly $600 billion (approximately 4.35 trillion yuan) in a single day, equivalent to losing one JPMorgan Chase (market value $595.46 billion).

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