U.S. Stock Market Close: Three major indices all close lower.

The Dow fell 1.35%, the S&P 500 fell 2.64%, and the Nasdaq fell 4.10%. Meituan Technology fell 15.89%, Arm Holdings fell 12.75%, Micron fell 12.46%, Terada fell 12.16%, and Intel fell 11.51%. As for the "Big Tech" companies: Google fell 0.86%, Apple fell 1.09%, Microsoft fell 2.57%, Amazon fell 2.98%, Meta Platforms fell 5.53%, Nvidia fell 5.93%, and Tesla fell 6.59%.