The three major US indices fell across the board! Tesla is entangled in lawsuits, evaporating 250 billion yuan overnight!

The three major U.S. stock indexes fell across the board, the NASDAQ fell more than 1%, down more than 10% from the closing high on November 19 last year, entering the correction range, the Dow, S&P fell nearly 1%, new energy vehicle stocks fell in the front; international oil prices, gold prices rose more than 1%.

Tesla is embroiled in a lawsuit, evaporating 250 billion yuan overnight

On Wednesday, Eastern Time, the three major U.S. stock indexes fell across the board, and the Nasdaq hit a new low since mid-October last year, down more than 10% from the closing record high on November 19 last year, entering a pullback range, and the Dow and S&P 500 indexes both hit new lows in a month. As of the close, the Dow was down 339.82 points, or 0.96 percent, at 35,028.65 points; the Nasdaq was down 166.64 points, or 1.15 percent, at 14,340.26 points; and the S&P 500 was down 44.35 points, or 0.97 percent, at 4,532.76 points.

Most of the large technology stocks in the U.S. stock market fell, Tesla's trouble lawsuits continued, the stock price fell more than 3%, breaking 1000 to $995.65, a night market value evaporated 39.5 billion US dollars (equivalent to 250 billion yuan), the market value is less than a trillion US dollars.

Previously, market news that Tesla owners were charged with felonys for crashing and killing two people while using their assisted driving system Autopilot, which occurred in late 2019 and the prosecution filed a lawsuit in October last year, but the case information was only made public last week. In addition, a group of Tesla shareholders also took Musk to court, asking the court to rule that Musk's push for Tesla's board of directors to acquire SolarCity in 2016 was a forced act, requiring Musk to refund $13 billion in proceeds to Tesla.

New energy vehicle stocks fell in the front, Xiaopeng Automobile fell 7.44%, Ideal Automobile fell 3.97%, and Weilai fell 3.31%.

Bank stocks fell mostly, with JPMorgan Chase down 1.55 percent, Goldman Sachs down 2.00 percent, Citigroup down 1.62 percent, Morgan Stanley up 1.83 percent, Bank of America up 0.39 percent and Wells Fargo down 1.98 percent.

Anti-epidemic concept stocks were lower across the board, with Moderna down 6.72%, Gilead Science down 1.93%, Novavax Pharma down 6.21%, BioNTech down 4.47%, and Pfizer down 1.05%.

Airline stocks were lower across the board, with Boeing down 3.52 percent, American Airlines down 3.30 percent, Delta Air Lines down 1.82 percent, Southwest Airlines down 2.20 percent and United Down 2.65 percent.

On Wednesday (January 19), local time, US Treasury Secretary Janet Yellen said she did not expect the Aumecreon strain to disrupt the US economic recovery. She noted that Omicron could affect some of the data in the coming months, but wouldn't undermine the strong growth of the U.S. economy. Yellen is also optimistic that the Biden administration's Build Back Better Act will soon be restored, and many of its plans will be intact.

Major European stock indexes rose collectively

On Wednesday, European time, the main European stock index rose collectively, as of the close, the BRITISH FTSE 100 index closed at 7593.44 points, up 29.89 points, or 0.40% from the previous session; the French CAC40 index closed at 7172.98 points, up 39.15 points, or 0.55% from the previous session; the German DAX30 index closed at 15803.95 points, up 31.39 points, or 0.20% from the previous session.

International oil prices and gold prices rose by more than 1%

In terms of international oil prices, WTI March crude oil futures closed up 1.14% at $85.80 per barrel. Brent March crude futures closed up $0.93, or 1.06 percent, at $88.44 a barrel.

In terms of international gold prices, the most actively traded February gold futures price on the New York Mercantile Exchange gold futures market rose $30.8 from the previous session, closing at $1843.2 an ounce, or 1.7%.