First time in history! The "No. 3" figure in the United States was deposed, and the Big Six evaporated 1.36 trillion overnight

On Tuesday, October 3rd, Eastern Time, amid poor economic data and rising expectations for interest rate hikes, U.S. bond yields soared and U.S. stocks collectively plummeted, with the Dow Jones Industrial Average falling 430 points, erasing its gains for the year.

On the news, the U.S. House of Representatives removed House Speaker McCarthy from office, the latest response from the White House!

As U.S. stocks plummeted, technology stocks fell collectively. Amazon fell 3.66%, Tesla fell 2.02%, Microsoft fell 2.61%, META fell 1.92%, Google C fell 1.38%, and Apple fell 0.78%. The total market value of the six giants evaporated overnight. About 186.7 billion US dollars (about 1.36 trillion yuan).

The world's pharmaceutical giant made an acquisition, and cancer therapy developer Point Biopharma bucked the trend and soared nearly 85%!