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

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.