US Stock Market Sees Significant Decline Led By Tech Stocks

According to BlockBeats, on September 7, the U.S. stock market closed with notable declines across major indices. The Dow Jones Industrial Average fell by 1.01%, the S&P 500 dropped by 1.72%, and the Nasdaq Composite decreased by 2.55%. This downturn was significantly influenced by substantial losses in major technology stocks. Tesla (TSLA.O) experienced a sharp decline of 8.45%, while Nvidia (NVDA.O) saw a drop of over 4%. Additionally, Coinbase's stock fell by nearly 8%, and MicroStrategy's shares decreased by more than 4%.