After taking over the "Black Monday", the three major US stocks have opened sharply.

On August 5, local time, the three major indexes of the US stocks opened down.Wind data shows that the Dow opened 2.73%, the S & P 500 index fell 4.1%, and the Nasda Index fell 6.36%.

In terms of individual stocks, technology stocks continued to decline. Ultra -micro computers and Nvidia fell more than 14%, Tesla fell more than 10%, and Apple fell more than 9%.Financial stocks are also in the hardest hit area. Citi Group fell more than 7%, Goldman Sachs Group fell more than 5%, and Bank of America fell more than 4%.

On August 5th, the global market encountered the "Black Monday". The Nikkei 225 Index closed at 4451.28 points at 31458.42 points, creating the biggest decline in history, with a decline of 12.4%.In the market, the Nikkei 225 Volatility Index was suspended due to the fuse mechanism during the day.

South Korean stock markets also fell outstandingly.As of the close of Monday (August 5), the South Korean Composite Index closed at 8.77%at 2441.55 points, and the South Korean Cosque index fell more than 11%.In the market, the South Korean KOSPI index fell 8%to trigger the fuse mechanism, and the transaction was suspended for 20 minutes; the Korean GEM finger also triggered the fusion mechanism after falling 8%.Lucknow Stock

In addition to the Japanese and Korean markets, the FTSE Singapore Strait Index, FTSE Malaysia Composite Index, the Australian S & P, Indonesian Composite Index, MSCI Vietnam, and India's Sensex30 Index will be full.

On Monday (August 5), the opening of the major European stock index also fell across the board. The Stock 50 Index fell 2.94%, the German DAX index fell 2.43%, the British FTSE 100 index fell 1.77%, and the French CAC40 index fell 1.29%.Among them, after the Turkish stock market opened, the fuse mechanism in the market was triggered twice.The sales of the stock market in the Asia -Pacific region have driven the US stock index futures futures to fall sharply.

In this regard, Tao Chuan, chief economist of Minsheng Securities, said that the concerns of US economic recession are the key to triggering reversal."In the case where there is no fundamental data support, CME futures pricing in September, the Fed's interest rate cut 50BP rose from 22%on Friday to 95%, showing that the current market participants have cut interest rates for the Fed rapidly to avoid the urgency of economic hard landing risks."

"Based on the latest unemployment rate, the U.SVaranasi Wealth Management. unemployment rate has soared by 0.6%since this year, and the unemployment rate continued to surge in several months, and finally triggered the" Sam rules "based on the decline of the unemployment rate (when the U.S. unemployment rate was the unemployment rate, the U.S. unemployment rateAfter the average value of three months of movement minus the low unemployment rate in the previous year, the income value exceeds 0.5%), and it may mean that the US economy has begun to decline in the US economy.

Specific to the U.S. stock level, analysts Qin Han said that overall, the US economic recession shows the shadow of the prospects of U.S. stocks, coupled with the outflow of overseas funds, the factor disturbance of the leap -up performance is equal.U.S. stocks may usher in a period of adjustment.

"At present, US stocks are no longer compared to emerging markets. In the weak US dollar cycle, it may face pressure from international funds." Qin Han analyzed.The Federal Reserve ’s interest rate cut cycle is about to start. Judging from historical experience, the US dollar index has a strong correlation with the Fed’ s monetary policy cycle. The US dollar currency value may be weakened simultaneously, further weakening the exchanges that overseas investors invest in U.S. stocks.

Qin Han further pointed out that, driven by the wave of AI technology in this round, the US stock market has gradually formed 7 head companies such as Tesla, Nvidia, Apple, Google, Facebook, Microsoft and Amazon.Become an important driving force for the rapid growth of the Na index.But through the appearance of the Nasdaire, the overall market may not be as prosperous as the index reflected.

"In the context of limited market breadth, the performance of heavy stocks has become the key to the market trend. Last week, many companies such as Tesla, Google, Amazon released a semi -annual report, and the overall performance was not optimistic." Qin Han said.

It is worth mentioning that Buffett is also an important "incentive" for further adjustment of US stocks.

Tao Chuan said that Buffett's selling exacerbates the market RISK OFF (editor: avoid risk) emotions.In addition, in addition to economic fundamentals, the changes in the behavior of important market participants have triggered a certain follow -up emotion.Buffett's Berkshire Hathaway's company held Apple's shares in the second quarter from 789 million shares held in the first quarter to about 400 million shares, a decrease of nearly 50%.

"Considering that U.S. stocks are currently in a high position and the role of Buffett's market indicators, it has exacerbated the Risk OFF emotion of market participants." Tao Chuan said.