The three major stock indexes of the US New York stock market fell on the 16th local time. Technology stocks related to artificial intelligence were once again sold off, and the large technology stock sector recorded the biggest weekly decline since April 2025. By the close of the day, the technology sector and the communications services sector led the decline by 2.54% and 2.45% respectively. According to reports, the Nasdaq 100 Index, which reflects trends in technology stocks, closed down 5.5% this week. This is the biggest weekly decline in the indicator since April 2025. Bank of America strategist Michael Hartnett believes that considering factors such as higher treasury yields, high international oil prices, and the upcoming midterm elections, investors' risk aversion to US stocks will heat up in the coming month. The Chicago Board Options Exchange Volatility Index, which measures investor fears and market risk, rose sharply by 21.45% to 22.31 on the same day, closing at 19.99.

The three major stock indexes of the US New York stock market fell on the 16th local time. Technology stocks related to artificial intelligence were once again sold off, and the large technology stock sector recorded the biggest weekly decline since April 2025. By the close of the day, the technology sector and the communications services sector led the decline by 2.54% and 2.45% respectively. According to reports, the Nasdaq 100 Index, which reflects trends in technology stocks, closed down 5.5% this week. This is the biggest weekly decline in the indicator since April 2025. Bank of America strategist Michael Hartnett believes that considering factors such as higher treasury yields, high international oil prices, and the upcoming midterm elections, investors' risk aversion to US stocks will heat up in the coming month. The Chicago Board Options Exchange Volatility Index, which measures investor fears and market risk, rose to a high of 22.31 on the same day and closed at 19.99, a sharp rise of 21.45%.