June 5 closing, the three major U.S. stock indexes all closed down, the Dow Jones fell 1.35%, at 50,866.78 points, the S&P 500 plunged 2.64%, at 7,383.74 points, the Nasdaq closed at 25,709.43 points.
From the weekly performance point of view, the Dow closed down slightly 0.32%, the S&P retreated 2.59% for the whole week, and the Nasdaq plunged 4.68% in a single week, within a week, the U.S. stock bulls suffered back-to-back blows.
The leading U.S. technology stocks went out collectively, and none were spared. Tesla, Nvidia fell more than 6%, Meta plunged more than 5%, Amazon fell more than 3%, Microsoft, Apple, Google in turn weakened, once held up the U.S. stock market bull market hugging plate, become the first choice of capital sell-off.
The most tragic when the chip track, Philadelphia Semiconductor Index single day wildly fell 10.26%, hit a stage of rare plunge. Mai Weir Technology plunged more than 16% to lead the market, Micron, ARM fell nearly 13%, Intel, Qualcomm, AMD synchronized plunge of more than 11%, Broadcom fell nearly 8%, TSMC dipped more than 6%, the semiconductor industry chain rout.
Chip crash collapsed along the way with the collapse of the optical communications sector, Nokia fell more than 13%, Coherent, Corning fell more than 10%, Lumentum fell more than 8%.
Panic quickly spilled over and spread to the Chinese market, the Nasdaq China Golden Dragon Index fell 3.54% in a single day. Atlas Solar plunged nearly 12%, Pony Intelligence nearly 10% down, Baidu, CenturyLink, JinkoSolar fell more than 9%, Wo Sai technology, Kingsoft cloud fell equally high.
The stock market is wailing at the time, precious metals failed to carry the flag of hedge.
Gold fell in a single day after the week fell to 5.21%, silver plunged 10.39% in a single week, gold and silver synchronized weakness.