The Nasdaq closed down nearly 2.4%, and the Philadelphia Semiconductor Index fell about 4.8%.

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The S&P 500 index closed down 114.74 points, a decline of 1.74%, at 6,477.16 points. After an opening gap lower, the initial decline narrowed briefly, then from 22:40 Beijing time, the decline gradually and steadily widened, ending near the day’s low. The Dow Jones Industrial Average fell 469.38 points, a decline of 1.01%, to 45,960.11 points. The Nasdaq Composite Index (NASDAQ) closed down 521.744 points, a decline of 2.38%, at 21,408.081 points. The Nasdaq 100 Index declined 575.981 points, a drop of 2.38%, to 23,586.995 points.

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